Tag: investing

Why It Matters: SEC Modernizes Its Definition of an Accredited Investor
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Why It Matters: SEC Modernizes Its Definition of an Accredited Investor

José Padilla is an attorney and the owner of Padilla Law PLLC, where he represents startups and investors. His practice focuses on the formation, seed and VC financings, private equity, acquisitions, strategic corporate transactions, and general advisory regarding corporate and financing strategy. In August 2020, the Securities and Exchange Commission (SEC) amended the definition of accredited investor. The SEC developed qualifications and rules under the Securities Act of 1933 to protect individuals from risky investments.Accredited investors can more freely invest in hedge funds' lucrative and risky world, private equity, venture capital, and equity crowdfunding. Private or unregistered securities are considered inherently riskier, so the Securities Act empowered the SEC to creat...
Austin-Based Notley Expands Programs to San Antonio
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Austin-Based Notley Expands Programs to San Antonio

Notley, a philanthropic organization that leverages funding from traditional investments in real estate, venture funds, startups, and donations to support social impact innovation, has set its sights on San Antonio. Founded by BuildASign co-founder Dan Graham, nonprofit executive Lisa Graham, and entrepreneur Matt McDonnell, Notley is a new type of philanthropic entity that brings entrepreneurial thinking and approaches to connecting for-profit and nonprofit spaces. Notley has run Philanthropitch San Antonio for the past three years, a fast-pitch competition created for nonprofits. This year’s event will be held at the Tobin Center for the Performing Arts on October 12 with support from the Mays Family Foundation.  Read more: Youth Code Jam Pitch Perfect at Philantropitch San Antonio ...
Beam Angel Network For Female-Owned Startups Launches Across Texas
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Beam Angel Network For Female-Owned Startups Launches Across Texas

A new investor network is looking to close the massive gender funding gap for female-run startups. Women@Austin, a nonprofit organization focused on supporting female entrepreneurs, is launching the Beam Angel Network, the first Texas-based angel network for women-founded companies. Investors will fund early-stage, Texas-based, women-founded companies with high potential. Beam will aim for diversity and equity within their investor community, deal flow, founders, and community partners, said Jessica Gaffney, CEO  and executive director of Women@Austin. The share of venture capital or VC dollars that flowed into startups founded by a woman or a group of women in 2019 was $3.54 billion—only 2.7% of total VC investment. Yet, companies with a female founder perform 63% better than all-male f...