Ilyas Frenkel

Wunder - Impact investing meets Capitalism.

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Fletcher Richman
Wish I was accredited so I could use this product and support this kick ass team. Such an awesome company making the world a better place while also making $$$$$!
Ilyas Frenkel
@fletchrichman Thanks so much Fletcher!
Bryan Birsic
@fletchrichman You rock dude.
Andrew Dietrich
Hi @ilyasny! Seems like you offer pretty solid returns given current market. Is the investment an equity instrument? Is it asset-backed? And, on a separate note, do you quantify the environmental impact of the money invested? Any way to promote new solar over coal or natural gas is a win in my book :)
Bryan Birsic
@andrew_dietrich @ilyasny Great questions Andrew! The investment is actually a debt instrument, and is in fact asset backed. For one of our funds, the debt instrument is backed by an operating solar system built for a quality U.S. business. For the other fund, the instrument is backed by the equipment used to build the solar system.
Bryan Birsic
@andrew_dietrich @ilyasny Fortunately our environmental impact is the direct result of our work: new solar capacity being built! Each dollar goes to build new solar in the U.S., and we certainly do quantify how much solar each fund builds. We agree on the win-win over coal or natural gas!
Ilyas Frenkel
Hello Hunters!! Say hello to Wunder Capital. Wunder connects individual, institutional and corporate investors with great solar projects. Watch our product video on wundercapital.com to learn more. Let us know if you have any questions! Happy hunting :) - Team Wunder
Nicole Glaros
I am an investor in @Wunder (full disclosure!), but I invested because this is a rare business where every stakeholder wins. Less reliance on oil, more renewable energy and self-sufficiency, businesses save money, investors make money. What's not to love? Bryan, really proud of what you and the whole Wunder team have done.
Ilyas Frenkel
@nglaros @wunder Thank you so much Nicole!
Bryan Birsic
@nglaros @wunder You are the best!
Ryan J A Murphy
Reminds me of https://neighborly.com/how-it-works, a bit. Interesting that it's so focused on solar on the website, yet the presentation here on PH is much more generic. I imagine there are other target areas in Wunder's future?
Ilyas Frenkel
@ryanjamurphy Hey Ryan, solid comparison. Yes, we're focused on solar currently because financing in commercial solar is underserved. In the future we might consider other renewable energy sectors as well.
tschellenbach
Hi Wunder, who did your design? It looks super slick!
daveriess
@tschellenbach Thanks! That would be the one and only @beaud. I saw you guys come through my feed recently, planning on taking a look at your API.
Sam Beaudin
Thanks @tschellenbach! I've been working on it with our engineers -- it's a work in progress but it's getting there ;D What do you think works best and what needs some more work? Basically, what areas could we improve on?
Tyler Swartz
Cool to see more "environmentally friendly" investments opportunities. Also, I really like your website. Well done!
Sam Beaudin
@tylerswartz Thanks Tyler -- Really appreciate it! If you don't mind, what did you find most helpful on the website, and what needs some more work? :)
Ilyas Frenkel
@tylerswartz Thanks so much Tyler!
Tyler Swartz
Of course @beaud Parts that were useful : -The video was very informative and fun to watch. -Helpful to see the min investment and targeted return for the two funds. -The six tiles at the bottom of the page were a good way to give me a quick overview of how Wunder works, maybe move them up higher? Parts that were confusing: -The video mentions crowd-funding solar projects, but the landing page says “fully-managed funds” on the left hand side directly above the fold. Initially I was a bit confused as to whether I would be picking an individual project to “crowd-fund” or if it’s a portfolio play. -I didn’t like that underneath the two fund tiles the learn more button triggered a signup form. That felt to quick. Perhaps this is something you’ve A/B tested…removing steps in the signup flow typically helps 😀, but for me it was too quick.
Sam Beaudin
@tylerswartz Thanks for the feedback -- I really appreciate it 😀
Ryan Alam
Excited to see what Wunder looks like under the hood. I'll upvote anything impact investing. :)
Ryan Alam
Here are my initial questions, @birsic @wunder: -At first glance, a financial tech company with no CFO seems weird. How does that work? -How is the shorter term fund (24months, 11% annual) yielding twice as much as the longer term fund (120 months, 6% annual)? -Do you plan to bring on IRIS, GIIN, and B Corporation as partners? I think most serious impact investors would want to see your involvement with those metrics/measurement/reporting standards.
Bryan Birsic
@ryanalam @wunder Thanks so much for the upvote! On your great questions... - I bring a strong finance background to my role as CEO, so I handle most CFO duties, and we also utilize industry-leading service providers on more esoteric dynamics of the CFO role, including tax treatment, securities structure, and compliance. - The short term fund finances the construction of solar projects, using only the equipment purchased as collateral, while the long term fund finances working solar systems, a very strong cash flow stream that serves as collateral for that fund's loans. Because the risk associated with the first fund is considerably higher than the second fund, we are able to offer our investors a higher return. - We issue an impact report to every investor are working to incorporate existing standards, however a unique aspect of our work is that the impact measurement and reporting is very straight forward: we use every single dollar invested to build solar projects in the U.S. We then measure those projects in $, kWh generated, jobs created, and economic savings to the business. Does that answer your questions and can I help with anything else?
Rob Leathern
Great team and great product!
Sam Beaudin
@robleathern Thanks Rob -- really appreciate it! Let me know if you have any questions :)
Ilyas Frenkel
@robleathern Thanks Rob!
Jordan Stone
Love this product! Companies like Wunder are why ProductHunt is so great. Companies that can help make the world a better place are the best kind.
Sam Beaudin
@cheddz Thanks Jordan! Letting investors make the world a better place (and make money) too is certainly fun. Let me know if you have any questions :)
Ilyas Frenkel
@cheddz Thanks so much Jordan! Really appreciate it.
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