Why is Texas' future so bright?
Texas Legacy Fund
风险投资与私募股权管理人
Austin，TX 315 位关注者
State of the Art Risk Management Funding Texas Innovation
关于我们
Texas' booming economy and innovation infrastructure can offer compelling venture returns for investors. And there’s plenty of capital wanting to invest well in Texas innovation. The problem - The historical venture fund model has remained largely unchanged since 1959. As a result, 80+% of all US venture dollars have gone to coastal cities, leaving Texas startups struggling for funding. Fortunately, new tools and research allow investors to make better data-driven investment decisions and to build proper venture portfolios— regardless of location. The Solution - The Texas Legacy Fund applies these tools to capture the upside of Texas’ bright future - at scale. Worthy startups across Texas will gain access to the resources they need to build their businesses, and venture investors will be positioned to benefit. This LinkedIn page is dedicated to explaining how investors can invest in Texas— all while making an impact, leaving a legacy, and enjoying compelling profits. Anemic Venture Support for Texas While Texas is 5th in the country for venture funding for startups, when normalized for the sized of the Texas economy, we are 20th, behind Washington (both state and DC), Utah, Colorado, North Carolina, Florida, and even Delaware and Vermont. Implementing the State of the Art venture fund design, the Texas Legacy Fund presents the first institutionally rigorous path to deploy capital well, at scale. The fund will manage ALL risks properly: Systematic (or timing) Risk via properly allocated and staged investment across the Seed, A & B rounds; Non-Systematic (or transaction) Risk via properly diversified portfolios across the Seed, A & B rounds; and Decision-Process Risk by assuring all investment decisions will be supported by best in class research and standardized, company-specific operating data. For taxable investors, the fund will leverage the #QSBS tax incentives which lower the after-tax risks and raises the after tax returns for investor.
- 网站
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https://texaslegacyfund.com/
Texas Legacy Fund的外部链接
- 所属行业
- 风险投资与私募股权管理人
- 规模
- 2-10 人
- 总部
- Austin，TX
- 类型
- 合营企业
- 创立
- 2022
- 领域
- Portfolio Management、Risk Management、QSBS和Behavioral Finance
地点
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主要
获取路线
US，TX，Austin
Texas Legacy Fund员工
动态
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As a founder for the last half decade in central Texas, “all hat and no cattle” is a perfect descriptor for our Austin startup investment community. Nearly every dollar raised by Applied Bioplastics has come from elsewhere. A long way from “the Silicon Valley of the South” we bill ourselves as, sadly. Joe Milam has ideas on how to fix this, and he ought to be listened to.
With the new year, and new vibe in the Country, it's time to ramp up The Texas Legacy Fund and mobilize more $'s for more Texas startups. With the 8th largest economy in the world, Texans SHOULD be embarased by how little venture $'s there are to support Texas-based startups. In fact, according to the most recent Startup Genome Report, of the top 20 startup cities in the world, 9 are located in the U.S., but NOT ONE is in Texas! Aside from the 'usual suspects' of Silicon Valley, NYC, Boston & L.A., there is Miami, Chicago, Washington DC (embarrasing, DC is in there ahead of any Texas city), SAN DIEGO (for crying out loud!) & Seattle. Come on Texas, we need to do better! https://lnkd.in/dSCU7g9V
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With the new year, and new vibe in the Country, it's time to ramp up The Texas Legacy Fund and mobilize more $'s for more Texas startups. With the 8th largest economy in the world, Texans SHOULD be embarased by how little venture $'s there are to support Texas-based startups. In fact, according to the most recent Startup Genome Report, of the top 20 startup cities in the world, 9 are located in the U.S., but NOT ONE is in Texas! Aside from the 'usual suspects' of Silicon Valley, NYC, Boston & L.A., there is Miami, Chicago, Washington DC (embarrasing, DC is in there ahead of any Texas city), SAN DIEGO (for crying out loud!) & Seattle. Come on Texas, we need to do better! https://lnkd.in/dSCU7g9V
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Good review. What hasn't kept pace with Texas' growth and prominance is the support for startups. Texas is around 20th in the country in venture funding when adjusted for Texas' economy.
Why Texas is Becoming THE Most Powerful State
https://www.youtube.com/
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From the Wall St. Journal: 'From Wall St. to Y'All Street' - https://lnkd.in/dwr7DQAQ
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Texas deserves better.... 'A tepid quarter in Texas In Q1, startups headquartered in Texas raised just 2.32% of all venture funding among states that saw at least 10 deals. That’s a big drop-off from the 6.45% of capital raised that Texas claimed during the whole of 2023—and an even bigger decline from the state’s 10.19% of capital raised back in Q1 2023. To make the comparison more stark: In Q1 2023, California startups raised 37.9% of all capital, and Texas startups raised 10.19%. A year later, in Q1 2024, California’s market share was up to 59.25%, and Texas’s was down to 2.32%.'
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Frank Rotman's work here is good. These are important points, and are well addressed in the structure and discipliens of the Texas Legacy Fund. If you would like to understand how, drop me a note in the comments section.
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We are part of a broader and important vision... https://lnkd.in/gBZaS7_m