Thursday, November 17
7:00a |
Registration |
7:30a |
ACA Angel University: Term Sheet Basics
You’ve met the founding team and really like the company. Now it’s time to know if the deal is right for you. As a new angel, you’ll need to understand the term sheet, the document that outlines the terms and conditions of the agreement between the investors and the startup. This introductory workshop provides clear, practical information on early-stage term sheets, focused on helping angel investors understand deal terms. The workshop includes lectures and interviews, using a publicly available term sheet template for seed and early stage preferred shares deals. The course will build your understanding of sound term sheets aligned with the interests of both entrepreneurs and early-stage investors, and setting the stage for follow-on investors. |
10:30a |
Break |
10:45a |
ACA Angel University: Valuation Course
Negotiating the current valuation of seed-stage startups at the time of investment is a critical component of angel term sheets. Getting valuation right establishes a fair percentage of ownership for both investors and entrepreneurs and optimizes returns for investing angels. This clinic introduces participants to startup valuation and demonstrates multiple valuation methodologies. In addition to valuation methods, the lead instructor will provide insights into the impact of stage of development, geographic location, business sector and the global economy on startup valuation. The program leaves attendees with an exercise to help hone their newly acquired valuation skills by using these valuation methods in appraising a case study company.
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1:15p |
Lunch |
2:00 |
ACA Angel University attendees are welcome to stay for this event as a complementary guest before the event attendee reception. (Registration is required) |
5:30 |
Reception |
