Name
Understanding Capital Models
Description
Down rounds and cram downs! Premature follow-ons! Terrible term sheets! A company’s long-term financial requirements—its capital model--is a key risk for angel investors. Unfortunately, we often overlook capital risk in our excitement about the company’s story, vision and early successes. This session will examine how capital models should factor into angel diligence and investment decision-making and discuss how metrics-and-milestones-driven angels can protect themselves across a portfolio company’s lifecycle. Bonus: real capital horror and success stories!
Speakers: Ron Weissman, Band of Angels
Date
Wednesday, February 7, 2018
Topic
Cap Tables, Fundamentals, Risks