Startup Fundamentals Workshop #3: Understanding the “terms” in Term Sheets
Join us for our Founders Floor Workshop Series where we conduct the last workshop of our three part series called the “Startup Fundamentals Workshop.”
In this workshop, Roger Rappoport, Partner at Procopio Law, a respected law firm in Silicon Valley, will conduct an interactive, informative session with great take away materials and actionable items.
This 2 hour workshop will go in-depth on the anatomy of a term sheet for angel, seed, convertible debt, and Series A type rounds, along with the impact that term sheets have on existing shareholders and provisions that could change control of major business decisions for the company.
The last time we conducted these workshops they sold out, so make sure to purchase your ticket now. Space is limited.
Agenda
6:00pm – 6:45pm – Dinner and networking, demo/sponsor tables
6:45pm – 7:00pm – Intros, demo/sponsor tables mentions
7:00pm – 8:30pm – Speakers program and Q&A
8:30pm – 9:00pm – Meet the speaker, networking
Event Starts In
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Date:
Wednesday, 09/14/2016
Time:
6:00 p.m. – 9:00 p.m.
Location:
Founders Floor
2 North 1st St., 5th Floor
San Jose, CA 95113
COWORKING ACCELERATOR
Interested in taking your startup to the next level?
Topic
This workshop will focus on terms and term sheets for a seed, angel, convertible debt, and Series A (including a “Series A Lite”) round, in an interactive, informative session with great take away materials and actionable items.
In this session you will learn:
• understand the structure of, and the provisions that will most likely be included in, a convertible debt, angel and venture financing term sheet
• the differences between seed, angel and venture capital funding
• 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
• 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
And in this session Roger will cover 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
• co-sale rights
Speaker
Roger Rappopor
Partner
Procopio Law
Roger Rappoport is a Partner at Procopio Law and the leader of Procopio’s Emerging Growth and Technology Practice Group.
He has extensive experience in advising startup and emerging growth companies in the information technology, telecommunications, life sciences and cleantech industries.
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.
Roger is well connected with investors in Silicon Valley and beyond, and has advised many startups on multi-million funding rounds.