General Business
Hosting a Board Meeting? Here’s how to do it well.

Board meetings are essential to running a startup. While formal meetings are often neglected during the early stages of a startup, they quickly become a required quarterly event once a startup accepts institutional capital. Hosting the company’s first board meeting […]


Fantasy Sports & Gaming
New Jersey DFS Update

New Jersey became the 16th state to enact fantasy sports legislation when Governor Chris Christie approved bill A3532 on Thursday. The law contains standard tax and regulatory provisions. The 10.5% tax on gross revenue will generate huge profits for the […]


Fantasy Sports & Gaming
Maine is Latest State to Legalize Daily Fantasy Sports

Maine On August 2nd, Maine joined four other states to become the fifth this year to legalize daily fantasy sports. Fifteen states currently have DFS laws on the books that allow for legal play. Maine’s victory was narrowly won—Governor Paul […]


Blockchain
Does your company’s ICO need to be registered with the SEC as a securities offering?

If a blockchain technology company is considering conducting an initial coin offering (“ICO”) or token sale, the question the company needs to answer is whether it needs to register the token sale with the SEC? The answer depends on whether […]


Fantasy Sports & Gaming
DFS Updates: New Hampshire and Delaware

New Hampshire With Governor Sununu’s approval of H580 on July 18th, New Hampshire became the 13th state to legalize paid fantasy sports. Lawmakers achieved this victory with little pushback, as New Hampshire officials have never issued a negative opinion about […]


Fantasy Sports & Gaming
DFS Summer Legislative Updates

It’s been a busy summer for state legislatures and a hopeful summer for DFS players. So far, 28 states have considered fantasy sports as part of their 2017 legislative agenda. At Vela Wood, we keep track of these developments and […]


General Business
Startup Starter Pack

Whether you’re an aspiring entrepreneur with a game-changing idea or just a dedicated Silicon Valley viewer who just wants to understand the ups and downs of Pied Piper, we’ve got resources to help you get there.


Funding & Capital Raising
How much equity should I grant to advisors?

Clients regularly ask a variation of the above question, replacing advisor with CTO, COO, sales manager, front-end engineer, etc. It’s a great question. And one with varying answers and consequences depending on a company’s lifecycle stage. As a founder, one must understand that a company who has completed a late-stage financing round (Series A, Series B, etc.) can’t dispense equity like a fledgling startup can. Why not?


General Business
VW Startup Lifecycle Infographic

Wondering if your startup is where it should be? This infographic will walk you through the five stages a startup goes through and gives you an idea of where you should be when it comes to your startup’s product, funding, marketing, revenues, legal work, and more.


Funding & Capital Raising
VW Venture Deals Year in Review 2016

In December of 2015, we released a three-year audit of early stage venture deals facilitated by VW and felt that the data was an indicator of early-stage financing trends and the good health of the venture industry in DFW. We’ve just […]