Understanding & Negotiating the "Terms" in Term Sheets - Startup Fundamentals 3
Austin Startup Entrepreneurs
LIVESTREAM FROM SILICON VALLEY – Includes breakout room networking (first half hour), deep-dive workshop, and digital workbook. Space is limited. Reserve your space now. [ FREE – Register Here for LIVESTREAM EVENT ]
DETAILS
Live Zoom Masterclass with Global Access for startup founders, executives, & hopefuls.
This information packed event focuses on terms and term sheets for a seed, angel, convertible debt, Safe (pre-money and post-money) and Series A round, in an interactive, informative session with great take away materials and actionable items.
This is the third workshop in the Access Silicon Valley Startup Fundamental Series for startup founders, startup executives, entrepreneurs, innovators and developers. While advantageous to attend all 3 workshops, this is stand-alone content presented by one of Silicon Valley’s most notable startup attorneys and Procopio Partner, Roger Rappoport.
CURRICULUM
This startup workshop will focus on terms and term sheets for a seed, angel, convertible debt, Safe (pre-money and post-money) and Series A round, in an interactive, informative session with great take away materials and actionable items.
This session will cover:
- when and from whom to take money;
- when is an amount raised too much or too little, and the perils of both;
- the anatomy of a term sheet;
- understanding the structure of, and the provisions that will most likely be included in, a convertible debt, Safe, angel and venture financing term sheet;
- how to arrive at a realistic pre-money valuation;
- the impact of term sheets on existing shareholders;
- the provisions that will impact control of major and day-to-day decisions at your startup;
the most recent trends relating to:
- liquidation preferences
- participation rights
- anti-dilution provisions
- pay-to-play provisions
- redemption rights
- registration rights
- rights of first refusal
- drag along right
- co-sale rights
AGENDA:
(All times are California Time)
5:30 PM – 6:00 PM – Virtual networking (optional)
6:00 PM – 6:15 PM – Speaker and sponsor introductions
6:15 PM – 7:30 PM – Startup workshop Part A
7:30 PM – 7:45 PM – Intermission
7:45 PM -8:45: PM – Startup workshop Part B
8:45 PM – 9:00 PM – Q & A
SPEAKER: Roger C. Rappoport
Roger Rappoport is the founder and leader of Emerging Growth & Venture Capital Practice Group.
He has extensive experience in advising startup and well-established emerging growth companies, primarily in the software, information technology, Internet, fixed and mobile communications technology, cleantech and life sciences sectors. Roger is the co-author of “Investor Agreements in a Financing Transaction” a chapter in Financing California Businesses,” California Continuing Education of the Bar, Co-author of “Considerations for Angel and VC Funded Startups and Emerging Growth Companies Considering a Loan Under the Paycheck Protection Program,” and Co-author of “Changes in Convertible Instruments for Early Stage Financings.”
Roger is a frequent speaker and panelist on topics and issues related to the development and implementation of a company’s formation and funding strategy.Before attending law school, he was the founder of a technology company with $10 million in revenue.
He is very connected with investors in Silicon Valley and beyond and is an active angel investor. As an attorney, he has been involved in hundreds of transactions such as merger and acquisition transactions, private equity and venture capital financing transactions, and complex restructuring transactions. See full bio HERE
SEATS ARE LIMITED, RESERVE YOUR SPOT NOW
*REGISTERING ON MEETUP IS NOT ENOUGH TO RESERVE YOUR SEAT. YOU MUST PURCHASE YOUR TICKET TO RECEIVE THE EVENT LINK
SPONSORS
Procopio
www.procopio.com
Sponsor Support Available-
