The INVEST Act Just Passed The House — What It Could Mean For Venture Funds (And Their Advisers)
The House-passed INVEST Act signals a major push to modernize venture capital regulation—potentially allowing qualifying VC funds to raise more capital, accept more investors, and gain flexibility around secondaries and fund-of-fund investing. While it’s not law yet, the bill offers venture managers and advisers an early roadmap for how fundraising, investor access, and compliance rules could shift in 2026.
Who’s Drafting Your Pitch Deck In 2026?
The following thoughts and links should provide some basic insight into how to produce an effective pitch deck that cleanly and accurately reflects your company and its potential.
Investment Advisor Registration FAQs
Investment adviser registration doesn’t change how you invest, but it does change how you operate. This guide walks through what registration really entails, including compliance obligations, individual licensing, SEC exams, and the practical impact on your firm.
Investment Advisor FAQs
Most fund managers can rely on an investment adviser exemption early on—but only up to a point. This blog breaks down when private fund and venture capital advisers actually have to register, and the common triggers that signal it’s time to start planning.
Anonymity in Delaware (And How It Compares to Texas, Nevada, and Wyoming)
Founders often ask for an “anonymous LLC,” but what they usually mean is limiting how easily their name shows up in public state records. This post breaks down what anonymity actually means in practice, how Delaware compares to Texas, Nevada, and Wyoming, and where public disclosure tends to surface over time.
Lauren Figura is a Venture Legal Assistant at Vela Wood. Her role includes managing Secretary of State filings, supporting entity formations and dissolutions, organizing and maintaining documentation, and supporting VW Senior Attorney Mattison Raiford. Lauren graduated from Southern Methodist University […]
Prior to joining Vela Wood, Sherwin practiced at Baker Botts L.L.P. for more than a decade. Sherwin graduated with high honors from the University of Texas School of Law in Austin, Texas, where he was a member of the Order […]
At Vela Wood Staley Young P.C., we are committed to innovation in the practice of law while maintaining the highest standards of professionalism, confidentiality, and care in the service of our clients. As part of our ongoing efforts to improve […]
At Vela Wood, Austin advises founders and early-stage companies on entity formations, venture financings, and securities matters. He also represents investors on fund/SPV formation and portfolio investments. Austin began working at Vela Wood as a Legal Secretary, where he assisted […]
The Critical Role that Accelerators Play in Venture Financing
Seed capital provided by accelerators must be provided to startups with great care. Here are three ways accelerators can avoid causing long-lasting negative ramifications for startups.