- Render Capital Newsletter
- Posts
- April Briefing
April Briefing
Brought to you by Render Capital

Who We Are
Based out of Southern Indiana, Louisville, Kentucky, and Dallas, Texas. Render Capital invests in early-stage companies across the Midwest and South(avoiding NY/SF/Boston), spanning multiple industries to build a robust and diverse portfolio.
Render Capital is dedicated to investing in companies transforming legacy industries and archaic models by making emerging technologies accessible. These industries represent a substantial part of the Midwest and Southern economies, providing significant opportunities for growth and innovation. By supporting businesses that drive this democratization, we aim to generate strong returns while capitalizing on the potential of these vital regions.
It’s Derby Season!
As we approach the 151st running of the Kentucky Derby this weekend, it's a fitting time to spotlight a lesser-known angle of the horse world—one that intersects with finance and tax strategy.
Ever wonder why so many high-net-worth individuals own horses, beyond their admiration for these remarkable animals? One reason is that, under the right circumstances, horses can be written off as a business expense.
If you're engaged in the business of breeding, training, or racing horses, the IRS allows you to depreciate these animals over time, just like any other business asset. For example, a racehorse acquired under the age of two may qualify for a 3-year depreciation schedule, enabling you to spread the cost of the horse across multiple tax years.
However, there’s an important caveat: the horse must be part of a legitimate business with a profit motive. If it’s classified as a hobby, you won’t be eligible for these tax benefits.
Thanks to provisions in the Tax Cuts and Jobs Act, certain horse owners may also qualify for bonus depreciation, allowing for up to 100% of the horse’s purchase price to be deducted in the first year, subject to specific criteria.
In short, if horses are part of your business operations, not just a passion project, they can offer both emotional and financial returns. Not Tax Advice, Should Consult Your Tax Professional
Our team has our eyes on Render Judgement, to shock the world this Saturday!
Where We’ll Be
Render Angel Network Workshops | Clarksville, Indiana
What We’re Reading
AI Project 2027 - About the future of AI, and honestly, we don’t even want to summarize this because it’s an amazing read to go into blind!
Want to raise a new VC fund? That 10-year IRR better be in the double digits - To have an easier time raising a new VC fund in 2025, better hope your IRR is at least double-digits
Many senior venture capitalists are leaving big firms. Insiders boil it down to a few reasons - There are some truths to the statement of “VC is a young person’s game,” as we see an exodus of senior VCs due to multiple reasons. Ranging from not wanting to be asset managers to going back to being pure VC, bad track records, etc.
The affidavit of a Rippling employee caught spying for Deel reads like a movie - Throwback to corporate spies! An employee at Rippling was caught sharing information with competitor Deel.