Dmitry Makarov, Russian Professional Exchange In Vela Wood Austin
Learn more about our 2018 Russian Business Leaders (RBL) Fellow Dmitry Makarov, an attorney and entrepreneur from Saint-Petersburg, Russia and his research on the differences and similarities in legal procedures of starting and running businesses in the Russian Federation and the United States.
Selected Offering Exemptions
To help you understand all of the available private offering exemptions, we’ve compiled details on the old Reg D avenues, and the new crowdfunding ones, into a single page and have created a handy chart for your review.
Liquidation Preferences & Convertible Notes
It’s no secret that entrepreneur-turned-VC, Mark Suster, generally isn’t a fan of convertible notes. Here at Vela Wood, we’re fairly pro convertible notes when used responsibly in certain situations. Despite Suster’s dislike of convertible notes, he still looks out for […]
Client Spotlight: Q&A with Matt Alexander of Edition Collective
Matt Alexander, founder of Need and Foremost, has been all the rage lately as he was recently featured in D Magazine as an emerging “titan of industry.” Matt talks with VW during our Q&A session to offer some of […]
Contemporaneous Crowdfunding
A client who recently launched an intrastate, 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 called […]
The Company Agreement Explained: Confidential Information & Non-Competes
Most entrepreneurs and small business owners are familiar with confidentiality and non-compete agreements because, well, they want others to gain interest in their product or service, but they don’t want the recipient of the disclosed information to turn around and […]
The Company Agreement Explained: Involuntary Transfers v. Voluntary Transfers
We often get asked by clients about what happens when members of LLCs die, get divorced, want to sell their interest to another member or third party, etc. All of these transfers fall into two categories: involuntary transfers and voluntary […]
Independent Contractor Agreements Don’t Mean Anything
On Valentine’s Day in either first or second grade, Teresa Holting handed me a little card with my name hastily written on the envelope. Inside the envelope, and on the front cover of the card, were a couple of anthropomorphic […]
The Company Agreement Explained: Types Of Decisions Made By Managers & Members
In our previous blog post, The Company Agreement Explained: Manager and Member Meetings, we discussed the meeting requirements for managers and members pursuant to the TBOC and provided additional provisions that should be considered when adopting or amending an LLC […]
The Company Agreement Explained: Meetings Of Managers & Members
Two of our previous posts discussed the difference between a manager-managed LLC and a member-managed LLC and some of the different consent levels you can have in your LLC Company Agreement (super-majority v. simple majority). Now, you may be asking, […]