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#11 - Wefunder’s Community Rounds - How Every Customer Can Be An Angel Investor - Jonny Price, VP of Fundraising at Wefunder
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Dive into this week's episode with Jonny Price, Wefunder's VP of Fundraising. A pioneering platform facilitating capital from both customers and investors, Wefunder's impact extends to over 1000 founders, including household names like Mercury Bank and Substack, boasting an impressive half a billion dollars raised from a community of over 300,000 investors. We cover lots of ground including Jonny's vision for an inclusive investment landscape that embraces not only VCs, but also retail investors and the everyday middle-class American.
Key Takeaways
[3:47] Jonny’s role as the VP of Fundraising at Wefunder.
[5:07] Wefunder has funded over 1000 companies now, including Mercury Bank, Substack, and Replit.
[6:22] Jonny’s vision for every B2C company to allocate part of their round for their customers invest.
[8:57] Why Jonny joined Wefunder in 2018.
[17:00] Wefunder stats.
[20:03] Examples of companies WeFunder funds.
[22:22] Why customers invest in a brand.
[28:15] Alternative capital landscape.
[32:02] Wefunder’s market share.
[38:22] Lessons learned.
[44:50] The current state of the crowdfunding market.
[43:57] Good founders get crushed by bad markets.
[50:58] Wefund’s future.
Resources:
RBF Network
Keith’s Twitter
The Intertwine Group
Wefunder Charter
Guest:
Jonny: LinkedIn | Twitter | jonny@wefunder.com
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