Startup Fundamentals 3: Understanding the “Terms” in Term Sheets
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Startup Fundamentals 3: Understanding the “Terms” in Term Sheets
Thursday, April 16 | 5:00 – 9:00pm
3000 El Camino Real
5 Palo Alto Square
Palo Alto, CA 94306
SEATING IS EXTREMELY LIMITED, SO RESERVE YOUR SEAT ON EVENTBRITE HERE.
Our meetup group has been allocated some comps.
For comps, use promo code:
IPOVIP
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Unlock Your Startup’s Potential: Join Our Essential Workshop!
Are you an entrepreneur ready to transform your vision into a successful, fundable startup? Access Silicon Valley invites you to join us for an invaluable 3-hour workshop designed to equip you with the legal and business tools and insights necessary to build a fundable and scalable startup and thrive in the startup ecosystem!
This is the last of three workshops in the Access Silicon Valley Startup Fundamental Series for startup founders, startup executives, entrepreneurs, innovators, and developers. While advantageous to have attended all 3 workshops, this is stand-alone content. You can still attend this program if you missed the first.
Thank you to our event sponsor, Snell & Wilmer**.
CONTENT
In this third workshop of the Startup Fundamentals series, Roger Rappoport, a former entrepreneur, founder of Access Silicon Valley, a partner at Snell & Wilmer and co-leader of its Emerging Growth and Venture Capital practice group, will conduct an interactive, informative session with in depth content on the terms and term sheets for a seed, angel, convertible debt, Safe (pre-money and post-money) and Series A round.
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 rights, co-sale rights, among others
Materials:
A comprehensive 50-page digital workbook with an actionable step-by-step guide will be distributed to all registered event attendees on the day of the event.
Agenda:
5:00 PM - 6:00 PM - Dinner and networking
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
Seating is extremely limited, so reserve your seat now.
About the Speaker:
Snell & Wilmer Partner Roger Rappoport, Co-Leader of the Emerging Growth and Venture Capital Practice Group, is a seasoned advisor to startups and emerging growth companies and the investors who finance them, guiding clients from inception through exit. With over two decades of experience in the startup ecosystem, Roger focuses on venture capital and angel investor financings, including convertible notes, SAFEs, and other debt financings. His knowledge extends to mergers and acquisitions, joint ventures, distribution, development, manufacturing, and licensing transactions, as well as executive compensation and the establishment of equity incentive plans.
Questions? Email Alex Levine at alevine@swlaw.com