Aaron Terwey

Senior Associate

Aaron is a senior associate in the transactional section at Vela Wood. Aaron represents investors and startups in a wide range of matters, with an emphasis on venture financing transactions (both equity and convertible debt), mergers and acquisitions, and acting as outside general counsel.

Prior to joining VW, Aaron was a corporate associate at Locke Lord and a member of the inaugural class of the Dallas Entrepreneur Center Ambassador Program.

Email Aaron Terwey

If you are not embarrassed by the first version of your product, you’ve launched too late.

– Reid Hoffman

Aaron received his JD in 2012 from Notre Dame Law School and his BA in Political Science from Colgate University in Hamilton, New York, in 2006.

Aaron is the president of the Colgate Club of DFW and serves on the Board of Trustees of Austin Montessori School. He is also a member of Colgate University’s Alumni Admissions Program, the Dallas Bar Association, and the Dallas Young Lawyers Association.

A native Austinite, Aaron has enjoyed calling Dallas home for 6 years (much to the chagrin of his family in Austin).

Select Transactions

  • Represented a venture fund in its role as the lead investor in multiple Series A rounds
  • Represented an investor in structuring and placing multiple investments into privately held companies
  • Represented an on-demand pediatric care mobile app in three investment rounds
  • Represented an online donation platform in raising two investment rounds
  • Represented a waste services company in its acquisition by a publicly traded company

Aaron Terwey's Recent Blog Posts

Learning From “No”

October 18, 2016  |  By Aaron Terwey

Hearing ‘no’ from an investor doesn’t end the conversation; it pivots the conversation. If you’ve ever embarked on a round of funding, even a simple friends and family round, chances are you’ve heard some form of “no” more than you’d like. Read More

Posted in Startups

Liquidation Preferences and Convertible Notes

June 29, 2015  |  By Aaron Terwey

How to limit the converted noteholders’ liquidation preference Read More

Posted in Convertible Notes, Funding & Capital Raising, Startups

Contemporaneous Crowdfunding

February 17, 2015  |  By Aaron Terwey

A client who recently launched an intrastate, [1] equity-based, crowdfunding campaign in Texas called me a few weeks ago with an interesting question: “Can we do an accredited investor, interstate, equity-based crowdfunding campaign at the same time?” After some research, I … Read More

Posted in Crowdfunding, Funding & Capital Raising, Securities