Funding & Capital Raising
Securities Straight Talk Vol. 4: Why you Need to Consider Blue Sky Laws Before Conducting a Capital Raise

Not taking securities laws into account prior to the start of your offering can create a dark cloud over your otherwise bright, sun-shiny raise.

Funding & Capital Raising
Securities Straight Talk Vol. 3: Keeping it Local—Changes to the Rule 147 Intrastate Offering Exemption

The SEC, wishing to facilitate capital formation by smaller companies, amended Rule 147 and adopted Rule 147A to modernize the intrastate offering exemption. These changes have liberalized the Rule 147 safe harbor and expanded the exemptions available for local securities offerings. The amended Rule 147 and new Rule 147A are largely identical, except for a few distinct differences.

Funding & Capital Raising
Securities Straight Talk Vol. 2: Out With the Old (Rule 505), In With the New (Rule 504) 

The SEC released its final ruling that amends Rule 504 and repeals Rule 505, altering Reg D as we know it. In a nutshell, the SEC has combined the best of Rule 504 (unlimited investors, no accredited investor requirement, no burdensome disclosures) with the best of Rule 505 (a $5,000,000 offering limit).

Funding & Capital Raising
Securities Straight Talk Vol. 1: Securities Laws Matter To Startups (Yes, Yours Too) 

So, what exactly is a security, and how does it relate to my startup? In this blog series, we will provide the straight talk on federal and state securities laws to help you navigate the web of regulation.

General Business
Business Judgment Rule: Having Poor Business Judgment Isn’t A Tort

The rationale behind the rule is to shield those individuals that owe fiduciary duties to a Company (directors, officers, executives) from fear of a lawsuit each time they make a decision that in hindsight might end up being bad for the company.

VW Abroad
From The DR To Dallas: What Arístides Learned At Vela Wood

Wow! I can’t believe it’s been five weeks already. Seems like it was just yesterday that I was meeting hundreds of new faces from all over the hemisphere at the Young Leaders of the Americas Initiative (YLAI) Opening Summit. It’s […]

Funding & Capital Raising
Don’t Have Enough Authorized Shares? There’s A Fix For That

Last September, the Texas legislature ratified Subchapter R, giving Texas for-profit corporations a statutory device for ratifying what were once considered void or voidable corporate acts or issuances of company shares. The new legislation applies to well-established and newly formed […]

Learning From “No”

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.

VW Abroad
Dmitry Makarov, Russian Professional Exchange In Vela Wood Austin

Hello, my name is Dmitry Makarov, and I’m a lawyer from Saint-Petersburg, Russia on a professional exchange at Vela Wood P.C. law firm. I’m participating in a Russian business leaders program, which is organized by American councils and the U.S. […]

VW Abroad
Meet Our Entrepreneur In Residence From The Dominican Republic

Howdy, folks! So who’s this guy from the Dominican Republic and how in God’s name do you say his name?? Okay, let’s get that out of the way. Repeat after me: Aristides (AH-REESE-Tee-Dez) Rubio (ROO-bee-o). Yes, you can read that […]