Oooh, Baby, Baby – A Beginner’s Guide to Maternity Leave
“Are you pregnant?” Add this to the list of questions that all but a precious few may reasonably ask. Since I’m a lawyer, I feel entitled…to ask in order to clear up some common misconceptions about workplace protection and paid leave […]
Charting the Landscape of Series Seed Investing in North Texas
This was drafted in 2015 and was our first review of our early-stage financings. It’s an exciting time in North Texas for startups. All indications are that we are on the verge, if not already in the midst of, a […]
The 50-50 Equity Split(Up)
My parents are starting a business together. See, my mom runs an organic, all natural beauty salon in Upstate New York. Part of the business that she has developed over the years is using henna as an eco-friendly alternative to […]
Massachusetts Attorney General Says Daily Fantasy Sports Legal; State Lotteries Emerge As Potential New Rival
After reviewing the legal status of daily fantasy sports, Massachusetts Attorney General Maura Healey announced last week that no federal or state laws prohibit daily fantasy sports in Massachusetts. Although Healey’s office has not yet released a formal opinion, fantasy […]
Regulation A+: Good News For Non-Accredited Investors
This blog was originally published in September of 2015 but was revised in October of 2024 and is still accurate. Recently released Regulation A+ rules are creating excitement for early-stage ventures that didn’t previously have access to VC capital and […]
Does Your Idea Really Need An NDA?
Stop demanding NDAs and whispering your ideas to friends at cocktail parties. Tell your idea to every smart person you know. Get their thoughts and ask them to work with you.
Startup Cents: Planning For Your First Year Of Legal Fees
This blog was originally published in July of 2015 but was revised in April of 2024 and is still accurate. We oftentimes get asked by startups, “How much will I spend in legal my first year?” Since we represent hundreds […]
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 […]