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    Jeff Racho

    Jeff Racho

    Patent and transactional attorney with significant experience in the fields of intellectual property and startup company law.

    Attorney Austin Cornell University
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    Experience
    Sessi Wine Co. LLC (San Antonio TX - www.SessiWine.com)
    Sessi Wine Co. LLC (San Antonio TX - www.SessiWine.com)
    Employee
    Weeli Inc. (Austin TX - www.Weeli.com)
    Weeli Inc. (Austin TX - www.Weeli.com)
    Employee
    Real Savvy Inc. (Austin TX - www.RealSavvy.com)
    Real Savvy Inc. (Austin TX - www.RealSavvy.com)
    Employee
    RealSavvy
    RealSavvy
    Attorney
    Austin.com
    Austin.com
    Attorney
    Wray-Cho Investment Company
    Wray-Cho Investment Company
    Founder 2014 - Present (over 12 years)
    I founded a startup company seeking to offer a money management system to online casinos. Its product is based upon findings from behavioral economics and “incentivizes” the... more online gambler to invest his/her gambling stake in a managed
    investment account. I was required to sit for the Series 65 Uniform Registered Investment Advisor Examination (passed in Oct. 2014) in order to better market the company's system, which is protected under U.S. Patent No. 8,784,172 (I am the sole inventor).
    Law Office of Jeffrey Racho, Esq.
    Law Office of Jeffrey Racho, Esq.
    principal 2013 - Present (almost 13 years)
    Provides legal representation for early-stage businesses, including entity formation, equity compensation plans, intellectual property protection, contract drafting, employment... more agreements, and drafting of investment documents
    desktopFab
    desktopFab
    (developer of FDM 3D printer system and online model repository) 2013 - Present (over 13 years)
    Dead C∆T Bounce
    Dead C∆T Bounce
    (developer of FDM 3D printer system and online model repository) 2013 - Present (over 13 years)
    IrishAngels
    IrishAngels
    Member of Board of Directors 2013 - Present (over 13 years)
    Member of the Board of Directors of angel investor group based in Chicago. Group organized in Fall 2012 and has grown to 150 members. As of Sept. 2015, group has deployed... more $6m in capital in 15 investments. I performed legal and intellectual property due diligence related to group’s investments and acted as “deal lead” for the group’s third investment. I received award from group in Dec. 2014 for my due diligence efforts.
    Simversity Inc. (DBA Siminars.com) - www.Siminars.com
    Simversity Inc. (DBA Siminars.com) - www.Siminars.com
    Founder, Co-Founder, General Counsel & COO 2011 - 2013 (over 2 years)
    Simversity, Inc. (D/B/A “Siminars”)
    Simversity, Inc. (D/B/A “Siminars”)
    Co-Founder, General Counsel & COO 2011 - 2013 (almost 2 years)
    In-house counsel of a startup company that developed an online learning platform for self-help and self-improvement courses. Responsible for all corporate legal matters including... more contract drafting and negotiations, corporate formation, and equity compensation plan. Led and managed a group of three employees tasked with developing online courses for selected clients. Oversaw the company’s course production, including the production of a ninety-minute video filmed for the Company's first client.
    President  Treasurer of Notre Dame Alumni Club of Austin
    President Treasurer of Notre Dame Alumni Club of Austin
    Published science fiction author 2009 - 2012 (about 3 years)
    TabbedOut
    TabbedOut
    General Counsel 2009 - 2011 (about 2 years)
    In-house counsel of mobile payments startup company that developed a “point of sale” interface. Company’s product allowed users to pay for bar and restaurant bills from smartphones.... more Negotiated and drafted agreements with major point of sale system providers, including MICROS, Dinerware, FuturePOS and Focus. Responsible for all corporate legal matters including contract drafting and negotiations, equity compensation plan, Payment Card Industry (PCI) compliance, and IP.
    Rev Worldwide
    Rev Worldwide
    VP of Corporate & Legal Affairs 2007 - 2009 (almost 2 years)
    General counsel of a 150-employee international company in the field of predpaid debit cards and payments processing. Responsible for the legal group comprising one junior... more attorney, the director of European compliance, and various paralegals/interns. Responsible for all corporate legal matters including contract drafting and negotiations, equity compensation plan, Payment Card Industry (PCI) compliance, and IP. Led the development of the company’s international remittance product.
    Rev Worldwide Inc. (fka MPower Labs Inc.) - www.RevWorldwide.com
    Rev Worldwide Inc. (fka MPower Labs Inc.) - www.RevWorldwide.com
    VP of Corporate & Legal Affairs 2007 - 2009 (about 2 years)
    MPOWER Mobile, Inc. (f/k/a Sapphire Mobile Systems, Inc.)
    MPOWER Mobile, Inc. (f/k/a Sapphire Mobile Systems, Inc.)
    General Counsel 2004 - 2007 (almost 3 years)
    General counsel of mobile banking and mobile payments startup company; acquired by Rev Worldwide in Fall 2007. Firm implemented a text message based banking/payments system... more in 2007 with U.S. Bank, NA Responsible for all corporate legal matters including compliance with Federal laws such as the Electronic Funds Transfer Act. Presented the company’s mobile payment architecture and design to the staff of the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury Dept.
    MPOWER Mobile Inc. (fka Sapphire Mobile Systems Inc.)
    MPOWER Mobile Inc. (fka Sapphire Mobile Systems Inc.)
    General Counsel 2004 - 2007 (about 3 years)
    Harvey & Mortensen
    Harvey & Mortensen
    associate attorney 2001 - 2003 (over 2 years)
    Wiser Company
    Wiser Company
    Associate Attorney 1998 - 2001 (about 3 years)
    Weikers & Company
    Weikers & Company
    associate attorney 1998 - 2000 (over 2 years)
    Founder
    Simversity Inc. (DBA Siminars.com) - www.Siminars.com
    Employee
    TabbedOut, IrishAngels, Rev Worldwide, MPOWER Mobile Inc. (fka Sapphire Mobile Systems Inc.), Rev Worldwide Inc. (fka MPower Labs Inc.) - www.RevWorldwide.com, President Treasurer of Notre Dame Alumni Club of Austin, desktopFab, Real Savvy Inc. (Austin TX - www.RealSavvy.com), Weeli Inc. (Austin TX - www.Weeli.com), Sessi Wine Co. LLC (San Antonio TX - www.SessiWine.com), Weikers & Company, Harvey & Mortensen, MPOWER Mobile, Inc. (f/k/a Sapphire Mobile Systems, Inc.), Simversity, Inc. (D/B/A “Siminars”), Law Office of Jeffrey Racho, Esq., Wray-Cho Investment Company, Dead C∆T Bounce, Wiser Company
    Investor
     
    Incubator
     
    Advisor
     
    Attorney
    RealSavvy, Austin.com
    Board Member
     
    Mentor
     
    Member
     
    Acquired
     
     
    Education
     
    About
    Achievements

    I have been an early employee or cofounder of three startup companies. As their in-house counsel I've been responsible for their legal matters and also handled their financial matters (accounting, tax, payroll, financial projections, etc.). I had no formal training in startup law or banking law and was required to learn both in an extremely short period of time at the first startup company.

    I'm also the sole inventor of three U.S. patents (U.S. Pat. Nos. 7,357,082; 7,525,203; 8,784,172). These inventions are in the fields of electric generators, firearms, and behavioral economics. I had no formal training in any of these disciplines at the time I designed the claimed inventions.

    Describe the most impressive thing you've done.
    Skills
    Licensed to Practice Law in Texas Licensed to Practice Law in Pennsylvania Patent Writing Patent Prosecution FINRA Series 65 Inventor Arbitration Drafting Due Diligence Legal Management Science Video
    Locations
    New York City Chicago Philadelphia Dallas Washington DC
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