Frequently Asked Questions

Here you will find some common questions and answers regarding our investment campaign partnership on WeFunder:

  • We are fortunate at MakeLoveNotPorn & I Weigh to have an amazing fanbase and community built around a revolution against shame. Additionally, MLNP members and MakeLoveNotPornstars are passionate about supporting the #SocialSexRevolution to create more open, healthy attitudes towards, education about and dialogue around sex in the real world. “For years they’ve asked how they could support beyond buying a subscription, and for years people have been reaching out to us asking if we take small investors. We have always wanted to give our community and our supporters the opportunity to take a stake in MakeLoveNotPorn, and we are thrilled to finally be able to launch a vehicle that allows both accredited and non-accredited investors to have a vested interest in our success - with as little as a $100 commitment!”

  • In general, individuals who are 18 years or older are eligible to invest. Each issuer on Wefunder determines any additional requirements for investing in each Community Round. Please refer to the Community Round page for more information on who can invest. Please be aware that there are limitations on the amount you can invest based on your income, net worth, and any previous investments you have made in Title III/Regulation CF offerings. Certain opportunities not facilitated under Regulation CF may only be available to accredited investors.

  • MakeLoveNotPorn is a global platform with a global community, and welcomes investors from all around the world! With a few exceptions, we accept investments from international investors as long as you comply with the law in your country. If you're investing from outside the US, check out our step-by-step guide for international investors by visiting our International Investor Guide.

    Unfortunately, residents of the Canadian provinces of Alberta, British Columbia, Ontario, and Quebec are currently barred from investing on the WeFunder platform at their request.

    Additionally, we cannot accept investments from certain sanctioned countries, including Cuba, Iran, North Korea, Russia, Syria, and Ukraine's Donetsk, Crimea, and Luhansk regions.

  • The amount you can invest in different offerings on the Wefunder platform primarily depends on the specific offering and your status as an accredited investor. For this Community Round, the minimum investment is $100.

    To determine how much you can invest in any offering on Wefunder, it is important to understand whether you meet the requirements to be considered an accredited investor.

    A significant number of the offerings available on Wefunder fall under Regulation Crowdfunding, also known as Reg CF. If you meet the criteria to be an accredited investor, you will not be subject to any investment limits when participating in Reg CF campaigns.

    Note: Once you have self-certified yourself (or previously been verified) as an accredited investor on the platform, you are eligible to invest without any restrictions. However, please remember that your self-certification may be randomly selected for audit or questioned, so it is important to provide accurate information. Providing false information is a violation of our terms of service and can lead to the suspension of your account.

    If you are a non-accredited investor - which is the case for most investors - the amount you can invest under Regulation Crowdfunding within 12 months depends on your annual income level and net worth.

    As a non-accredited investor, you have the option to invest the higher of the following:

    • -$2,500; or

    • If your annual income or net worth is less than $124,000, you can invest 5% of the higher value between your annual income or net worth; or

    • If both your income and net worth are equal to or greater than $124,000, you can invest 10% of the higher value between your annual income or net worth, with a maximum investment amount of $124,000.

    Please note that this investment limit applies to all Reg CF deals. If you invest in Reg CF deals on other platforms, you will need to disclose this information as well (and keep the disclosure updated) so that we can accurately track your limit. It is your responsibility to ensure the accuracy of the relevant figures.

    Wefunder will periodically contact you to update this information. However, you can always, and should, as needed, update your disclosures by clicking this link to access your settings and update your disclosures.

    Failure to provide accurate and complete information regarding your income, net worth, or previous investments may lead to the cancellation of your investment commitments and the freezing of your account.

  • Occasionally, WeFunder may experience high demand for our Community Rounds, which can result in oversubscription. To ensure fairness, we operate on a first-come, first-served basis for investments (unless instructed otherwise by the issuer). Please note that adding to your existing investment does not reset your position in the queue. Instead, the additional amount is treated as a new investment subject to its place in line. Consequently, your initial investment may be accepted, but the additional amount may not be.

    WeFunder regrets to inform you that we cannot update you on your position in the queue or confirm whether your investment, including any add-on amounts, has been accepted before oversubscription. Our closing team will notify you via email once the Community Round has been finalized and your investment has been approved or declined.

    You may be wondering why we continue to allow investors to add funds even after we have reached capacity. This is because some investors may cancel their investment before the closing, freeing up a spot for the next person in line. Additionally, if an investor has incomplete action items in their portfolio, their investment will be canceled, and the spot will be given to the next person in line.

  • Investing in startups on Wefunder is a bit different than the stock market - contracts are not easily transferrable, and the person who will own the security must also be the person who consents to invest. But you can gift a subscription to MakeLoveNotPorn!

  • You can pay using a bank transfer (US only), check (for investments $1000+), credit card, Apple Pay, Google Pay, or wire transfer (international investors only). If you choose to pay by credit card, Apple Pay, or Google Pay, there is a $10,000 limit. In addition, you can use money in your Wefunder Cash account.

    International investors can pay by credit card or wire transfer. For wire transfers, we recommend TransferWise. You'll likely have to fund your Wefunder Cash account with a wire and commit to a specific company.

  • Your Wefunder Cash account is your online wallet with Wefunder. Our third-party banking partners, First Citizens Bank or Thread Bank, hold the money. Transferring funds to your Cash account right after making a reservation helps you to invest faster – you can apply funds from there once you confirm an investment. Any funds you transfer into your Cash account can be withdrawn anytime or used to fund a company.

  • While Wefunder supports multiple payment methods, you must contact the Investor Success Team to complete this. To ensure quicker service, ensure all of your payment methods are in your Wefunder Wallet, and let the Investor Success Team know which payment methods and how much for each payment method when writing in.

  • WeFunder does not have an IBAN. You should be able to send a BIC/SWIFT wire through your bank. We recommend using TransferWise. A complete international investor guide can be found here.

  • For payments made by bank ACH, wires, or checks, Wefunder charges investors a transaction fee of 2%, with a minimum of $8 and a max of $100. For credit cards, Apple Pay, or Google Pay, Wefunder charges a 5.5% fee, with a minimum of $8 and no maximum. Fees are one-time and are not reccurring.

  • Yes. Your investment is placed in a third-party escrow account hosted by First Citizens Bank, Thread Bank, or Vitesse PSP. Funds are transferred to the business only after the Community Round goal has been met.

  • To execute your investment, there are a bunch of SEC guidelines and regulations we have to abide by. Sometimes, it can take several months to finalize a Community Round after it closes. Once your funds have been sent to the company and your contract is countersigned, your investment will be marked as confirmed.

  • You can see your reservations and investments in your investor dashboard by visiting your Wefunder Portfolio. Here, you can see all your investments' status and payment information, edit the investment if the Community Round is still active, and download your contracts if applicable.

  • To view your reservations and investments, visit your Wefunder Portfolio. Here, you can check the status and payment information of all your investments and download your contracts if applicable.

    If your investment is in the "pending" state, it has not yet been confirmed. We have received payment for your investment, but your funds are in our third-party escrow account and have not been sent to the company.

    WeFunder must comply with many SEC guidelines and regulations to execute your investment. The finalization process completion date listed in your portfolio is an estimate. The actual duration of the process may differ from the estimated date, particularly for larger or oversubscribed Community Rounds. Once your funds have been sent to the company and your contract is countersigned, your investment status will be changed to "confirmed" in your portfolio.

  • Who doesn't love being treated like a VIP? At Wefunder, we offer investors the opportunity to enjoy that extra level of service and perks - including ~10% better terms in participating companies - via the Wefunder VIP Membership. For just $295/year, any investor can become a member. By becoming a Wefunder VIP Member, investors can unlock a whole new range of benefits and privileges to enhance their Wefunder experience. Enjoy exclusive access to premium Wefunder VIP deals, receive top-notch support from our investor concierge team, get priority on waitlists, receive fee discounts, and much more. Being a Wefunder VIP Member truly elevates the investing experience to the next level.

  • The Wefunder VIP Membership is $295/year membership. You have the option to set it to auto-renew or not, totally up to you. Please keep in mind that the membership fee is non-refundable, but don't worry, you can cancel it anytime you want.

  • As a Wefunder VIP, members will receive:

    Exclusive Access to Wefunder VIP Deals

    Ensure you don't miss the upcoming Substack, Mercury, or Replit.

    Certain startups only accept funding from investors they invite. We now negotiate an allocation in most deals so Wefunder VIP Members can invest.

    ~10% More Favorable Terms

    Many startups offer better investment terms to early investors and Wefunder VIP Members (but not everyone).

    Look for the Wefunder VIP badge to see if you are getting better terms.

    Terms are typically set to 10% better for early investors and Wefunder VIP Members.

    20% Discount on Investor Fees

    You can save 20% on our regular investor fee* when you invest.

    *Please note that credit card fees are not subject to the discount. We recommend paying via bank transfer instead.

    Priority on the Waitlist

    As a Wefunder VIP Member, you will have priority over investors who are not Wefunder VIP Members when deals are oversubscribed.

    Sleek Black Metal Membership Card

    NFTs are cool and all, but we like old-fashioned things we can touch. Our membership card comes with dozens of perks from our portfolio companies.

  • Easy! Just head over to the Wefunder VIP Membership page.

  • Yes! You can increase your investment; however, this will create a new investment. Because of this, you can only later cancel or amend this part of the investment.

    For example, you had a $2,000 investment finalized, and you later invested an additional $1000. You can now:

    • increase your total investment to $3,500 ($2,000 finalized + $1000 new + $500),

    • decrease your total investment to $2,500 ($2,000 finalized + $1000 new - $500 decrease),

    • cancel your $1,000 investment (before the cancelation deadline) and be left with the original $2,000 investment.

    • but you could not reduce your total investment below $2,000.

  • Yes. Companies may choose not to accept your investment for any reason. One reason may be that they discovered you worked for a major competitor.

    After the Community Round closes and the company has countersigned the contract and received the funds, your investment can no longer be canceled.

  • You'll be notified via email and receive a full refund of your investment and any fees you've paid.

  • You cannot create a new investment commitment if an offering has closed.

  • Yes. You can change your mind anytime until a Community Round closes (or two days after you invest, if later), and you will receive a full refund, including any fees. Unfortunately, investments cannot be canceled after that time. Just go to your Wefunder portfolio and choose the cancel investment option.

    You'll receive a five-day notice via e-mail when a Community Round is about to close. Additionally, we put a seven-day warning on the Community Round page to inform investors that it will close soon. You can cancel at any point up until the Community Round closes.

    Once the minimum funding target is met, many companies do a "rolling close," where investments that have successfully applied are executed, and funds are transferred. However, the Community Round is still open to receive new investments. You'll still receive a five-day notice if this occurs. Once your funds are transferred to the company, you can no longer cancel your investment or obtain a refund.

  • When you cancel your investment or a Community Round fails, a refund, including fees, will automatically be sent back to the bank account or credit card used to invest.

    If you send a check or a wire, your money will be refunded to your Wefunder Cash account. From there, you can refund the money to your bank account (US banks only) or wire the funds to your bank (international investors only.) Unfortunately, we cannot refund any check payment via check, as stated when you chose this option to pay. These refunds must be completed by bank transfer or wire transfer.

    We can also refund investments in Wefunder credit, which can be used toward future investments and fees!

  • The amount of your refund depends on the exchange rate. When we refund you, the amount you get back reflects the exchange rate on the day we issue the refund. Exchange rates change daily, so the amount you get back won’t always match your original payment. The US dollar value of your payment and refund will always be the same. We collect and refund online payments in US dollars. When we issue a refund to a card using another currency, your bank will convert it from US dollars for you. We are not involved in this currency exchange process.

  • Wefunder initiates refunds as they receive them. Their typical refund time frames are as follows:

    • ACH Bank (US) - Within 3-5 Business Days, but can take up to 10 business days, depending on your financial institution.

    • Credit Card - Within 3 Business Days, but can take up to 10 business days, depending on your financial institution.

    • Wire (US) - Within 3-5 Business Days, but can take up to 10 business days, depending on your financial institution.

    • Wire (International) - Within 5-7 Business Days. but can take up to 14 business days, depending on your financial institution.

    • Wefunder Credits - Same Day

  • You can see your reservations and investments in your investor dashboard by visiting your Wefunder Portfolio. Here, you can see all your investments' status and payment information, edit the investment if the Community Round is still active, and download your contracts if applicable.

  • The amount you may earn depends on the type of investment contract the company offers.

    There are four classes on Wefunder:

    • Debt. Some local businesses offer a simple loan or revenue share. A simple loan, like your car loan, has a fixed repayment schedule known in advance. Unlike a loan, a revenue share returns a fixed amount of money (such as 2X your investment), but the time it takes to repay depends on how well the business does. The faster the company grows revenue, the quicker you earn a return and the higher your effective interest rate.

    • Convertibles. Most early-stage technology startups use a Convertible Note or Simple Agreement for Future Equity. These will convert your investment to stock at a later date if the company raises a "priced round" from major investors, most often venture capitalists. At this point, you are a shareholder owning equity, and you earn a return if the value of that stock goes up over time, and you are able to sell it.

    • Stock, No Dividends. When a startup is at a stage where they can afford to pay lawyers tens of thousands of dollars, they will do a "priced round". Like the stock market, you are buying equity at a fixed price per share (or unit for LLCs). If the company is successful, the value of the stock can increase with each subsequent round of financing, until the company is acquired or goes public. Then you earn a return.

    • Stock, Dividends. While a tech startup almost never offers dividends, a later-stage local business - such as a brewery opening a second location - often will. The type of dividend can vary. Some might offer a fixed dividend per share per year. Some might offer a percentage of profits. A common scenario is also to "swap" the dividend after your investment is repaid. For instance, a brewery might share 80% of its profits until the investors are repaid, and then 20% thereafter in perpetuity.

  • Returns on Wefunder investments tend to be longer-term (the average on a return, if you receive one, is around seven years), particularly with a convertible note or SAFE as you wait until the company goes public or is acquired. It may be quite some time until you see a return.

  • Market demand determines the valuation. Valuation shifts with time, depending on the amount of capital chasing startups. Early-stage high-growth startups are often valued at $3 to $20 million for their first financing. Lifestyle businesses are valued at less. Companies that have raised several financing rounds and are further along are worth far more.

    To understand if a valuation seems reasonable, look at who the Lead Investor is. How experienced are they? How much did they invest under the same terms?

  • Once you invest in a company on Wefunder, WeFunder tracks your investment over time and we do our best to show you the updated value on your Wefunder Portfolio.

    Our team actively tracks companies that have raised on Wefunder using a variety of data sources as well as communication with the founders. However, we don't always learn of events immediately. If you know of an event not listed on your Portfolio, please contact the Investor Success Team.

    Equity Investments

    This section covers investments in preferred stock and common stock ("priced rounds"), SAFEs, and convertible notes.

    When you first invest, we mark its value as the amount you invested. We then update that estimated value when there is a meaningful subsequent event for the company that affects the value of your investment. These include:

    • Subsequent financings. If a company you invested in does another financing, we update the value of your investment based on the price paid by investors in the new financing. If the price per share in the new financing is available, we use that to calculate value; otherwise, we provide an estimate based on the valuation.

    • Acquisitions. If another company acquires a company you invested in, we mark your investment based on the amount paid by the acquirer. If the acquisition has been announced but not yet completed, we will estimate the payout we expect you will receive. Note that this can change over time due to intervening events between the announcement and closing of the acquisition.

    • Public offerings. If a company you invested in has gone public, we mark your investment based on price per share at the time of IPO. In most cases, investors are subject to a 6-month “lockup” following an IPO when they cannot sell their shares. Once the lockup has expired, we mark the value of the investment to the share price on the day the lockup expires.

    • Failures. If a company you invested in fails, we mark the value to $0. You may be able to obtain a tax write-off for this investment. Note that we only mark a company as “failed” once we receive reasonable evidence of failure - for example, a certificate of dissolution or confirmation from the founders that the company has shut down.

    Until a company has undergone one of these events, we keep the investment marked to your original investment amount. This means that even if the company has meaningfully progressed, we do not adjust for the potential increase in value until a third-party valuation event.

    Debt Investments

    This section covers revenue share agreements, simple loans, and other debt contracts.

    When you first invest, we mark its value as the amount you invested. Over time, as the company makes payments on the debt contract, we distribute those amounts to you and mark them as “Paid Out” on your Portfolio page.

    If the company pays back 100% of your invested capital, then from that point on, we mark any additional payouts as a “realized gain” on your investment.

    If the company fails before it can pay back 100% of your investment, we lock in any amounts paid to date as the return on your investment. The difference between your original investment amount and that return is marked as a “realized loss” on your investment.

  • After you invest in a company on Wefunder, the value of that investment will change over time. It may go up if the company raises additional rounds of financing, is acquired, or goes public. It may go down if the company goes out of business. That change in value is referred to as the “return” on your investment.

    Your return is referred to as an “unrealized return” if the value has increased on paper, but has not yet been paid out to you. For example, if you invested in a company that later raises a new round of financing at a higher valuation, your investment has incurred an “unrealized gain”. Or, if the new financing round was at a lower valuation, your investment would have an “unrealized loss”.

    Your return is referred to as a “realized return” if the change in value has been locked in. For example, if you invest in a company that is later acquired at a higher valuation, your investment has incurred a “realized gain” once the acquisition proceeds are distributed to you. If the company instead were to go out of business and the value is marked down to $0, your investment would incur a “realized loss”.

  • As a platform for companies to conduct their Community Round, Wefunder provides technology for early-stage private companies to gain funds from their community. We offer investors the opportunity to be early investors in companies that excite them. Once a Community Round is finalized, Wefunder informs each company of the importance of regular investor updates. We encourage them to provide quarterly updates but at least every six months. The frequency and quality of updates are ultimately up to the founders. As they approach six months, we will reach out to them to remind them.

    Most companies are also legally required to issue an Annual Report 120 days after the end of their fiscal year. The annual report is a comprehensive update with their latest financials, board members, new financings, and more. Sometimes, they may no longer be required to file this information, though we encourage them to do so anyway. Most companies have their fiscal year end on December 31st, and their annual reports come out by April 30th.

  • While there is no public market for your investment, you may sell your stake to another investor if they are a family member or an accredited investor during the first year of your investment. After the first year, you may sell your stake to any interested buyer.

    In either case, you'll need to find a buyer first. Once you have a buyer, email Wefunder* at support@wefunder.com to set up the legal transfer documents. During this process, you'll also need to arrange the transfer of funds between you and the buyer, as Wefunder does not assist with this step.

    If your investment is directly managed by the company you invested in (meaning not through an SPV or Custodian), you must contact that company to facilitate the transfer. Wefunder would not manage the investment in this case.

  • Schedule K-1. If you invested through an LLC (Limited Liability Company) — for example, investments directly into an LLC raising on Wefunder or investments in a Community Round using an SPV (Special Purpose Vehicle) — you will receive a Schedule K-1 in tax years where the LLC incurred a taxable gain or loss.

    You can figure this out through the investment contract, which you can find on your portfolio page.

    Form 1099. If you received a payment from a company you invested in — for example, a quarterly payment on a revenue share contract — you may receive a Form 1099.

    You can view all your tax documents here.

    This is for educational purposes only and should not be construed as tax or legal advice.

  • Everything is handled electronically. You sign a contract when you apply to invest. The founder will sign the contract after the Community Round closes and finalizes the raise. Once the founder countersigns, you can find the contract in your portfolio.

  • The founder(s) of the company you invested in should reach out to you shortly after the Community Round has ended with information on how to claim any perk(s) you may have. If you do not hear from them, you will need to contact the company as they are the ones that take care of perks. Please note: Wefunder does not monitor or facilitate the perks that a company offers during their raise.

  • If you have any questions, Wefunder provides three convenient ways to contact them. You can always email them at support@wefunder.com anytime. Alternatively, you can chat with them online when logged into your account by clicking on the blue circle at the bottom right of your screen. You can also reach them by phone at 415-209-5902 and follow the prompts.

    Wefunder answers emails within one business day. Wefunder's online chat and phone support are available from 10:00 a.m. to 5:30 p.m. PST, Monday through Friday, excluding holidays.