By LAURA LOREK Founder of Silicon Hills News In Austin, one of the big issues facing startups, particularly in the technology industry, is lack of access to capital. Last year, Austin companies received $626 million in venture capital, or 49 percent of the venture capital dollars for Texas, said Michele Skelding, senior vice president of […]
Tips for Startups on Raising Old Money and Crowdfunding
Old real estate and oil money in town invested in San Antonio’s Rackspace early on, said Stephanie Chandler, partner with Jackson-Walker. It was one of the first cases of old San Antonio money backing a startup technology venture here, she said. Now with Geekdom, a technology incubator and accelerator in downtown San Antonio, the goal […]
SEC Releases Rules for Equity-based Crowdfunding
Early next year, startups may be able to raise money from the general public to finance their ventures. The Securities and Exchange Commission on Wednesday released its long-awaited proposed rules governing the practice of equity-based crowdfunding that allows startups to sell securities directly to the public. Legislation from the JOBS Act, signed into law by […]
Greenhouse Founders Featured on A Slice of Silicon Hills News
Finding Funding for your startup is hard, but Greenhouse is trying to make it easier. The company is one of several firms taking advantage of the JOBS act of 2012, which relaxes regulations for equity investing and allows individuals to own stock in new startups without being SEC accredited. This means that you, or a […]
The Wisdom of Crowdfunding
By L.A. LOREK Founder Silicon Hills News Crowdfunding will lead to an explosion in entrepreneurship, innovation and job creation in the U.S., according to its advocates. “We’ll go from 60,000 angel investors to six million angel investors over the next decade,” said Chris Camillo, an angel investor and filmmaker producing a documentary “Crowd of Angels.” […]
Crowdfunding Set to Transform How Startups Raise Money
Congress passed a law last year that allows startup companies to raise money directly from investors through online crowdfunding portals. The only problem is the U.S. Securities and Exchange Commission has not yet released rules to tell the crowdfunding industry how to do that. It’s part of the nitty-gritty details of the Jumpstart Our Business […]