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 […]
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 […]
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.
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?
What a month in Croatia taught me about entrepreneurship in the U.S.
They say travel changes you. But you can travel the entire world and never actually change. To be impacted by travel, you have to travel intentionally – you have to engage people, explore places, and embrace ideas. Thanks to Vela […]
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 […]
Protecting Your Intellectual Property
Protecting your intellectual property is a critical issue for every small business owner, whether you’re a technology startup, building a services business, or launching a new restaurant concept. Kevin spoke to a group of small business owners at a Dallas […]
Saying Goodbye to Portugal
Notably, this adventure has made me a better person. With manufactured societal restraints stripped away, I’ve been able to become friends with people I often wouldn’t and understand sides of them I never could have imagined.
Week 3 in Portugal: Exploring the “City that Works”
As an industrial town, Porto is proud of its blue-collar tradition—indeed, residents refer to it as the “City that Works,” as opposed to the flashy, apparently not-working city of Lisbon. But, with the lush facilities at the LX Factory left behind in Lisbon, my work for the first time grew unexpectedly difficult.
The Road Forward – Week 2 Working in Portugal
My great opportunity was not to just remotely work in Lisbon; the importance of Desk Independence is growth through travel, not travel to one city. Thus, I decided I needed to be more intentional about my trip. Exploring. Experiencing culture. Expanding and adventuring in every direction. I need to move beyond the Lisbon metropolitan area.