Wefunder

Wefunder YC Application

Winter 2013Active

Wefunder went through Y Combinator in the Winter 2013 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2013
Industry
FintechAsset Management
Team size
35
Status
Active
Launched
2012

Founders

  • Nick Tommarello
    Nick TommarelloFounder/CEO
  • Greg Belote
    Greg BeloteFounder/CTO

What Wefunder does

We help everyone invest in startups that they care about. We believe that when all Americans can invest in innovation, the world will be a better place. And soon, our dream will become a reality. Thanks to the JOBS Act, everyone - not just the wealthy - can invest as little as $100 in the startups they care about. Not only does this open up the pool of investors, and increase the amount of great ideas that get funded, but it allows startups to grow an army of passionate investors who truly want to see them succeed. Second tier VC’s will become obsolete as startups tap their lead users and customers for quick early investments.

Wefunder's YC application, reconstructed

Y Combinator application

Wefunder, Winter 2013 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Wefunder

Describe what your company does in 50 characters or less.

Robinhood for pre-IPO startups

What is your company going to make? Please describe your product and what it does or will do.

We built a platform that lets anyone invest as little as $100 in startups they care about. It opens early startup investing beyond wealthy VCs to regular people, creating a pool of passionate investors who help founders grow and succeed.

Where do you live now, and where would the company be based after YC?

We're based in San Francisco, CA, and the company will remain here after YC.

Explain your decision regarding location.

San Francisco is where most startups and investors are. Being close to our early users and funding sources matters for building partnerships and learning fast.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Wefunder YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Wefunder's public data (launch notes, founder backgrounds, product description). It shows how a company like Wefunder would present itself to YC, not the text they submitted.

What YC batch was Wefunder in?

Wefunder was part of the Y Combinator Winter 2013 batch.

Who founded Wefunder?

Wefunder was founded by Nick Tommarello, Greg Belote.

What does Wefunder do?

We're Robinhood for pre-IPO startups. Everyone can invest $100.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Wefunder's application, and every other YC batch, is in YC Insights.

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