Texas Legacy Fund

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.