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From the article: "Investors are only charged the small accounting, state entity, and filing fees FundersClub has to pay and nothing more. Otherwise it’s free.
by danshapiro 14y ago
From the article:
"Investors are only charged the small accounting, state entity, and filing fees FundersClub has to pay and nothing more. Otherwise it’s free."
Apparently, though, they charge 12% of your investment (at least, it was 12% for my test values of 2.5k, 5k, and 10k):
"Investment Amount: $5,000. Administrative fees: $600 ($85/yr x 7 year average fund life). Total to be charged: $5,600."