Charting the Landscape of Series Seed Investing in North Texas
It’s an exciting time in North Texas for startups. All indications are that we are on the verge, if not already in the midst of, a legitimate startup boom. This is being driven by a good mix of entrepreneurial spirit, […]
The 50-50 Equity Split(Up)
My parents are starting a business together. See, my mom runs an organic, all natural beauty salon in Upstate New York. Part of the business that she has developed over the years is using henna as an eco-friendly alternative to […]
Term Sheets 101: Convertible Debt v. Equity
If you’re a startup looking to raise capital, here is some of the basic language you need to know. Kevin stopped by Collide Village, an accelerator based in McKinney, Texas, to talk to its current startup class about term sheets, […]
Lending Alternatives For Startups And Small Businesses
A core issue that any startup or small business faces is raising capital. You really only have two options – debt or equity. In many instances debt is preferable, because you’re not giving up any ownership in your company. But […]
Massachusetts Attorney General Says Daily Fantasy Sports Legal; State Lotteries Emerge As Potential New Rival
After reviewing the legal status of daily fantasy sports, Massachusetts Attorney General Maura Healey announced last week that no federal or state laws prohibit daily fantasy sports in Massachusetts. Although Healey’s office has not yet released a formal opinion, fantasy […]
Regulation A+: Good News For Non-Accredited Investors
Recently released Regulation A+ rules are creating excitement for early-stage ventures that didn’t previously have access to VC capital and for the millions of Americans who can now invest in innovative private companies. The new rules, mandated by Title IV […]
Daily Fantasy Sports Site StarsDraft Benched In Wake Of Michigan Developments
Last week, daily fantasy sports site StarsDraft (formerly Victiv) benched its Michigan participants indefinitely, making it the first major online fantasy sports provider to withdraw operations from the state. According to a new report from GamblingCompliance, the Michigan Gaming Control […]
HB32 Changes The Texas Franchise Tax (In A Pro-Business Way!)
If your business pays a franchise tax in Texas, this is for you. Whom it concerns Texas companies or companies doing business in Texas. If your business pays a franchise tax in Texas, listen up. Changes affect taxable entities organized […]
Does Your Idea Really Need An NDA?
Stop demanding NDAs and whispering your ideas to friends at cocktail parties. Tell your idea to every smart person you know. Get their thoughts and ask them to work with you.
Startup Cents: Planning For Your First Year Of Legal Fees
We oftentimes get asked by startups, “How much will I spend in legal my first year?” Since we represent hundreds of startups here at VW, we’ve got a pretty good idea. We typically tell our clients to expect to spend […]