Community Round · Opens Juneteenth 2026
Own the infrastructure.
The Wefunder community round opens June 19, 2026, at 9:00 AM ET. Minimum investment $100. SAFE instrument with profit-sharing dividends. No venture capital. No exit required. Protected by a golden share so it can never be sold against you.
Why we are raising this way
The pattern we are built to break.
Every Black-focused platform we studied — Fanbase, BlackPlanet, Elpha, Clubhouse — either disappeared or was sold to someone whose incentives did not match the community\u2019s. Every one of them took venture capital. Every one of them optimized for exit. Every one of them ended up owing more to their cap table than to the people they claimed to serve.
NewBWS is designed to break the pattern. Community-funded through Wefunder Regulation CF. Owned by members who use it. Governed by a golden share that makes a sale against community interest structurally impossible. If this works, it works for us. If it does not, it does not enrich someone who never belonged.
What you receive
Equity, voice, and a place in the house.
- —Equity in NewBWS via a SAFE (Simple Agreement for Future Equity)
- —Profit-sharing dividends modeled after Basecamp — no exit required
- —A founding owner badge that never expires
- —A voice in the Community Advisory Council’s quarterly priorities review
- —Early access to every platform launch, beta, and cohort
- —The knowledge that a platform you own cannot be sold against you
Investment tiers
Four ways to be in the founding circle.
Supporter
$100- —SAFE equity
- —Founding owner badge
- —Annual investor letter
- —Early access to public tiers
Builder
$500- —Everything in Supporter
- —Recognition on Founding Owners page
- —Private quarterly call with Rasheid
Steward
$2,500- —Everything in Builder
- —Direct line to founding team
- —Input on Community Advisory Council composition
Keystone
$10,000+- —Everything in Steward
- —Named recognition on the platform
- —Quarterly one-on-one strategy session
- —Founding circle dinner (annual)
Tier amounts and perks are subject to Wefunder platform constraints and SEC compliance. Final tier structure will be confirmed at campaign launch. Investment in NewBWS is a security purchase. All Regulation CF investments carry risk, including loss of principal.
The golden share, explained
Five questions, answered plainly.
What is a golden share?
A single share with veto rights over specific corporate decisions. Ours blocks: sale of the company against community interest, introduction of programmatic advertising, sale or licensing of member behavioral data, use of AI to target or manipulate members, and raising venture capital equity. The veto cannot be overridden by any amount of capital. It is held by a separate LLC whose ownership structure is designed to outlast its individual members.
Why not just promise to do the right thing?
Every founder promises to do the right thing. Most companies do the right thing until the capital structure stops letting them. Every one of those platforms that disappeared started with a founder who meant well. The golden share is what separates intention from structure. We are betting our legacy on making the wrong thing impossible, not just promised against.
What happens if Rasheid leaves or the company is sold?
The golden share survives both. The LLC that holds it is governed by a board that includes the founding team and designated community stewards. Even if NewBWS as a product is wound down or acquired, the golden share restrictions carry forward to any successor entity or buyer. A sale that violates the restrictions is structurally impossible.
How are dividends calculated?
Modeled after Basecamp’s profit-sharing structure. Once the company reaches profitability and maintains a defined operating reserve, a fixed percentage of net profit is distributed pro-rata to equity holders annually. The specific percentage and reserve thresholds will be disclosed in the Form C filing at campaign launch.
Is this like a nonprofit?
No. NewBWS is a Delaware Public Benefit Corporation — for-profit, but legally obligated to balance shareholder returns with its stated public benefit of serving the Black capital ecosystem. The PBC structure is what makes Patagonia, Kickstarter, and Allbirds run. It is a for-profit company built to be measured by more than profit.
Regulatory disclosure
We are “testing the waters” to gauge investor interest in an offering under Regulation Crowdfunding. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed, and only through Wefunder’s platform. Any indication of interest involves no obligation or commitment of any kind. Investment in early-stage companies is risky and speculative. You could lose your entire investment.