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Manny Fernandez

Co-Founder and CEO, DreamFunded · 1 appearance on the record.

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investorfounderexecutiveauthorentertainerdreamfunded.com ↗

Manny Fernandez founded SF Angels Group and co-founded DreamFunded, an equity crowdfunding portal allowing non-accredited investors to invest in private startups under the JOBS Act. He was named the 2014 SF Angel Investor of the Year and appeared on CNBC's Make Me A Millionaire Inventor.

10statements → 6claims → 3claims resolved → 0%fully supported → 3.9/5average certainty → 1.2/5average debate potential →

0 supported 2 partly supported 1 contradicted 3 not checkable as stated how the 6 claims stand · each chip opens the sources

6 assertions · 1 insight · 3 disclosures · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 3 are resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Manny argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted
Dream Funded was first SF platform approved for non-accredited investors
“We're fortunate that we're the first platform in Silicon Valley in San Francisco to receive the approval to allow they call it non-accredited investors to invest.”
Manny Fernandez Jul 1, 2017 ▶ 9:35 707: Government Gives Him Power to Let Non-Accredited Investors Invest

Everything Manny Fernandez said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Contradicted
Dream Funded was first SF platform approved for non-accredited investors
“We're fortunate that we're the first platform in Silicon Valley in San Francisco to receive the approval to allow they call it non-accredited investors to invest.”
Manny Fernandez Jul 1, 2017 ▶ 9:35 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Insight
New angel investors should cap startup allocation at 5% of portfolio
“I think a person should, if they get involved in angel investing, should probably have a small percentage of their portfolio and start as a diversify, maybe two to five percent if they even want to have that dollar amount involved.”
Manny Fernandez Jul 1, 2017 ▶ 8:42 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Disclosure
Dream Funded users got TaskRabbit allocation via SF Angels syndicate
“An angel that's a member of SF Angels was a early investor in TaskRabbit. They were doing a next round, and I was invited to be a part of it. So I brought Dream Funded members to be an investor in the fund that we had set up specifically for it.”
Manny Fernandez Jul 1, 2017 ▶ 4:26 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Assertion Partly supported
Dream Funded permits non-accredited investors to write $100 startup checks
“Dream Funded allows a everyday American to be able to invest as low as 100 dollars into a company they decide to invest in.”
Manny Fernandez Jul 1, 2017 ▶ 9:18 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Assertion Partly supported
Fernandez is personally cited in SEC's final Title III JOBS Act rules
“If you look at the final rules of Title III of the JOBS Act on the SEC site, there's some, I'm mentioning there a couple of times.”
Manny Fernandez Jul 1, 2017 ▶ 10:37 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Disclosure
Dream Funded charges 5% cash and 2% equity on successful fundraises
“No, it's five percent upon closing. So we get five percent of what the closing of the round and two percent of the shares that the company is offering.”
Manny Fernandez Jul 1, 2017 ▶ 13:22 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Assertion Not checkable as stated
More than 30 startups have successfully raised on Dream Funded
“Over 30.”
Manny Fernandez Jul 1, 2017 ▶ 13:50 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Assertion Not checkable as stated
Dream Funded facilitated over $35 million in total startup investments
“From the both accredited and non-accredited investor side, over thirty-five million.”
Manny Fernandez Jul 1, 2017 ▶ 13:54 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Assertion Not checkable as stated
One startup declined Dream Funded capital after landing major corporate investment
“There's a company that reached their target and received an investment from a big name company, and so they declined to use our platform.”
Manny Fernandez Jul 1, 2017 ▶ 16:04 707: Government Gives Him Power to Let Non-Accredited Investors Invest
Disclosure
SF Angels Group comprises 32 members focused on San Francisco startups
“I'm a founder of SF Angels Group. We're 32 members. We focus on primarily companies in San Francisco”
Manny Fernandez Jul 1, 2017 ▶ 2:58 707: Government Gives Him Power to Let Non-Accredited Investors Invest

Appearances (1)

EpisodeDateSpeaking time
707: Government Gives Him Power to Let Non-Accredited Investors Invest Jul 1, 2017 7m
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