Category Archives: Public Benefit Corp.

Noted Community Capital Lawyers Launch Crowdfund Mainstreet

With more than 40 approved funding portals for Regulation Crowdfunding, the launch of a new portal might elicit a yawn. But Crowdfund Mainstreet, which debuts on Friday, has a unique pedigree—and a mission to match. The Oakland, CA-based portal is the creation of a pair of lawyers—Jenny Kassan and Michelle Thimesch—who have been on the […]

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Crowdfunding Platform Wefunder Becomes a Benefit Corp.

Wefunder, Inc. is now Wefunder PBC. On Wednesday, Wefunder will become the first investment crowdfunding platform to become a public benefit corp., a legal designation that hardwires a company’s social mission into its charter. In Wefunder’s case, that mission is to “defend the American Dream.” Wefunder follows in the footsteps of Kickstarter, the rewards-based crowdfunding […]