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Creating The Smartest Deal Term Sheet/A WorkShop For Entrepreneurs and Investors

  • Feb 3, 2011 · 7:30 AM

The Workshop - Come learn with New York City's largest Angel Group!
As an entrepreneur - will you prefer an equity round or a convertible note round - which is preferred by whom and why? It is now common to see most deals with participating preferred - what does it mean, and how does the math work in an exit scenario? What kind of anti-dilution protections are there and what are the differences?
These and many other questions are encountered by investors and entrepreneurs alike every day.
The workshop will once and for all put all these concepts and considerations in order for you.
Presented by three dynamic speakers, with extensive experience in venture creation, and integrated with interactive exercises and mock negotiations - this workshop is a must for those focused on building or investing in new ventures.
The high level agenda will be as follows:
07:30AM - 08:00AM - Registration, breakfast and networking
08:00AM - 11:30AM - workshop, including exercises, mock negotiations and interactive Q&A
The following high level topics will be covered:
* equity types and convertible loans
* how much should be raised
* pre-money, post-money, price per share - valuation vs. other incentives, pre and post cap tables
* liquidation preferences
* anti dilution provisions
* protective provisions
* post funding board composition
* setting up appropriate option pool
* some key tips to entrepreneurs and to investors (not necessarily the same tips!)
* exercises
* negotiation tips and mock negotiations
A hard copy of the presented materials will be provided to paid attendees.

The Speakers

David S. Rose, founder and Chairman of New York Angels, is a serial entrepreneur who has founded half a dozen companies and an active 'super angel' investor who has funded 80 others. He is Managing Principal of Rose Tech Ventures, an early-stage fund specializing in Internet-based business; Chairman of Egret Capital Partners, a middle market private equity firm; and CEO of Angelsoft, the company that operates the global infrastructure for the early stage financing industry. He has been named an Inc 500 CEO by Inc magazine, "the father of angel investing in New York" by Crain's New York Business, "patriarch of Silicon Alley" by Red Herring magazine, and a "world conquering entrepreneur" by BusinessWeek, which also nicknamed him 'The Pitch Coach' for his training of entrepreneurs seeking funding from venture capitalists and angel investors.
David has been involved in the development of the Silicon Alley technology community in New York for many decades, including working with online data services in the 1970s, founding an early personal computer training company in the 1980s, a wireless data information network in the 1990s and an international angel investing platform in the 2000s. He is an associate founder of Singularity University, where he chairs the Finance and Entrepreneurship track, and is currently hosting the online reality web series 'Second Chance' on MSN. He has a BA from Yale, an MBA from Columbia Business School, and a D. Eng. (hc) from Stevens Institute of Technology.

Adam Dinow is a partner in the New York office of Wilson Sonsini Goodrich & Rosati. Adam's practice entails the representation of privately and publicly held emerging growth companies, venture capital funds, and leading investment banks, with a particular focus on private placements and venture financings, mergers and acquisitions, and public offerings of equity securities. Adam also has participated in hostile-takeover defenses, as well as private equity and leveraged-buyout transactions.
Adam is an active member of the technology community. He serves on the board of the New York Technology Meetup and has lectured on corporate law issues at Columbia University, Johns Hopkins University, and Brooklyn Law School.

Selim Day is a corporate partner in the New York office of Wilson Sonsini Goodrich & Rosati. His practice includes:
* mergers and acquisitions
* capital markets and securities law
* emerging growth company representation
* corporate governance
Selim's M&A practice includes buy-side and sell-side representation. Selim has significant experience in contests for corporate control, including proxy contests, tender offers, settlement agreements, and white-knight transactions.
Selim's capital markets and securities law practice includes the representation of both issuers and underwriters in capital markets transactions. He has represented most leading investment banks, and also represents public companies in Securities and Exchange Commission compliance matters.
His emerging growth company practice involves representation of companies in all stages, from start-up to public company. Selim also represents venture capital and angel investors. His clients participate in a wide range of technology sectors, including the Internet, digital media, software, semiconductors, biotech, and clean technology.

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  • A former member
    A former member

    Great event. Informative, knowledgeable and fun too. Interesting investment and exit trends to be aware of.

    February 6, 2011

  • A former member
    A former member

    Great content, well presented and super informative. Thank you to everyone who presented and thanks to everyone who attended.

    February 4, 2011

  • John E.

    Awesome. This was definitely worth the money and the early AM wakeup.

    February 4, 2011

  • Trace C.

    They were smart, articulate, funny and very entertaining. Oh, and I learned a lot about Term Sheet - the three hours flew by!

    February 4, 2011

  • A former member
    A former member

    This workshop went above and beyond my expectations. As my first meetup with the group, it was really helpful in showing me the overall tone and character of the group - looking forward to the next meeting. Thanks guys.

    February 4, 2011

  • A former member
    A former member

    Top notch presentation packed with great info. You guys did an excellent job and are providing an invaluable service to both Entrepreneurs and Angels.

    February 4, 2011

  • A former member
    A former member

    Really great meetup. Getting a basic grasp on the mind boggling world of term sheets was invaluable and the handout is greatly appreciated. Best meetup I've attended so far.

    February 4, 2011

  • Steven H.

    Very valuable, and very enjoyable. A morning well spent.

    February 4, 2011

  • angelo a.

    excellent presentation with good visuals and very informed speakers.

    February 4, 2011

  • Lawrence R.

    Great event! Well structured class with excellent hand-out. Well done NY Angels (David, Avi, and Brian)!

    February 4, 2011

  • Zack B.

    Best $25 I've ever spent.

    February 4, 2011

  • A former member
    A former member

    Great content. Well organized and thorough.

    February 4, 2011

  • A former member
    A former member

    Fantastic format. Made complex concepts accessible.

    February 4, 2011

  • Sandro P.

    Excellent session today - it was deeply informative and engaging. Thanks.

    February 3, 2011

  • Don R.

    Informative. Balanced. Loved negotiation exercise at the end. Very well done!

    February 3, 2011

  • Zubin W.

    Didn't go but I fully expect a David S. Rose event to be valuable and informative for his disciples!

    February 3, 2011

  • A former member
    A former member

    Extraordinarily well done again! Excellent content, perfectly paced, and the handout was really helpful for taking notes and delving deeper on our own time. I also really appreciated that the angels were encouraged to make themselves known, and the entrepreneurs were urged to make contact. Thanks!

    February 3, 2011

  • A former member
    A former member

    This was an awesome meetup and the hand out is brilliant. I really appreciate the positive energy, clear and fun presentation and the exceptional quality of information. Thanks so much. Looking forward to the next.

    February 3, 2011

  • Murat C.

    Very well run and very informative event. Thank you!

    February 3, 2011

  • Linda

    This was so informative--evidenced by the intense audience attention. no mobiles! There was enough content for at least a full day. Do another, Please.

    February 3, 2011

  • Phil Thomas Di G.

    I did not see any video cameras. Here are a few shots I took w/ Pegshot: http://pegshot.com/event/5c1756og/5e6raabcd

    1 · February 3, 2011

  • Phil Thomas Di G.

    This was a fantastic event that offered quality actionable information. Thanks!

    February 3, 2011

  • Teri R.

    This was an extremely useful and informative workshop. Triple thumbs up on the mock negotiation at the end, which besides being highly entertaining was a great way to tie everything together in a concrete way. Looking forward to the next workshop!

    February 3, 2011

  • A former member
    A former member

    Venue is the Microsoft facility on the 6th floor of 1290 Ave of the Americas. Closest subway station is Rockefeller Center (47th-50th) on the B and D lines.

    February 2, 2011

  • Michael H.

    I got in before the waiting list -- paid for two spots -- but have not seen any info on where this meeting is supposed to take place.

    February 2, 2011

  • Carolyn S.

    Would love to get on the waitlist

    February 2, 2011

  • Naren

    Hi, Where is the location for this event?

    February 2, 2011

  • Simmy P.

    How do I get on the waiting list?
    Thanks.

    February 2, 2011

  • brian c.

    You can come earlier if you would like. ;-)

    February 1, 2011

  • Kliment M.

    Is it seriously at 7:30 _AM_?

    January 31, 2011

Your organizer's refund policy for Creating The Smartest Deal Term Sheet/A WorkShop For Entrepreneurs and Investors

Refunds are not offered for this Meetup.

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