Sports & Gaming
Sports Betting Bills “Adjourned Sine Die” In The Lone Star State — What Is Next For Texas?

Texas wrapped up its 2025 legislative session with several sports wagering bills left on the table. This blog covers when the next chance will be to legalize sports wagering in Texas and what the industry should do in the meantime.


Funding & Capital Raising
Investment Advisor Exclusions

Not everyone who discusses money or investments is considered an investment advisor. This blog breaks down key exemptions for professionals like publishers, family offices, and those offering non-securities advice—and highlights how crossing certain lines can trigger SEC oversight.


Sports & Gaming
Sports Betting & Fantasy Sports Regulation Map

A map displaying the overlap between sports betting and fantasy sports regulation in the US presented by VW Partner Kevin Vela at the SBC Summit Americas in May 2025.


Funding & Capital Raising
Negotiating Warrant Terms in Venture Financings

Warrants are a common feature in venture financings, offering investors additional upside while impacting founder dilution and control. In this blog, VW attorney Bobby Gojuangco breaks down key warrant terms and explains why understanding them is critical to protecting your company’s long-term capitalization strategy.


Corporate Governance
All Startups Should Be C Corps, But Not Necessarily In Delaware

In this blog, we discuss why C corps remain the best choice for startups seeking venture capital and explore recent court decisions that have made Delaware a less obvious choice for incorporation, prompting companies to consider alternatives like Texas and Nevada.


Funding & Capital Raising
Primer on Qualified Small Business Stock (QSBS)

Startup founders, early employees, and investors may be missing out on a major tax advantage. Thanks to the Qualified Small Business Stock (QSBS) federal income tax exclusion, eligible stockholders can potentially exclude up to 100% of capital gains upon an exit—saving millions in federal taxes. Understanding the key requirements and potential pitfalls of QSBS can make a significant impact on your financial outcome. Here’s what you need to know to maximize this powerful tax benefit.


Corporate Governance
Venture in the Middle 2024 Trends

In 2024, VW saw a sharp rise in pay-to-play financing rounds, reflecting tougher conditions for both startups and investors. While the market experienced corrections in valuations, early-stage venture funding remained strong and Safe notes remained the dominant financing tool.


Employment
U.S. Department of Labor 2024 Overtime Rule Struck Down by Texas Court

On November 15, 2024, a Texas Federal Court ruled that the Department of Labor (DOL) exceeded its authority in raising the salary thresholds required for certain employees to qualify as exempt from overtime. The Court’s decision nullifies the 2024 Final Rule, effectively resetting salary thresholds to their pre-2024 levels.