Term Sheet Basics II: Negotiating with Angel Investors

Event Details

Time: February 12, 2011 from 4pm to 8pm
Location: 1A Conference room, "Bhageerath" Persistent Systems
Street: Behind Domino's Pizza, Senapati Bapat Road, Shivajinagar
City/Town: Pune
Website or Map: http://maps.google.com/maps/p…
Event Type: networking
Organized By: Santosh
Latest Activity: Feb 11, 2011

Export to Outlook or iCal (.ics)

Event Description

Registration Closed.

The Pune Open Coffee Club and Indian Angel Network are hosting an informative session on "Term Sheet Basics II: Negotiating with Angel Investors".

Date: 12th February, 2011, 4pm (Saturday)
Venue: 1A Conference room, "Bhageerath" Persistent Systems.

Entrepreneurs who are preparing to raise money from Angels can benefit immensely from a direct one-on-one interaction with attending Angels and experienced Entrepreneurs. The session will cover basic concepts that are unique to Angel investing such as 'Convertible Debt', common concepts such as 'Valuation', what preparation can help you increase your effectiveness and what to expect when you begin negotiations with an Angel.

This should be an exciting session as Angel Investing has subtle nuances as compared to other forms of institutional finance.

As an entrepreneur - will you prefer an equity round or a convertible note round - which is preferred by whom and why? What does participating preferred mean, and how does the math work in an exit scenario? What kind of anti-dilution protections are there and what are the differences? Do VC's prefer to offer exits to early Angel Investors?

These and many other questions are encountered by investors and entrepreneurs alike every day. The session will introduce these concepts and considerations in order for you.

Presented by dynamic speakers and active angel investors, with extensive experience in venture creation, this session is a must for those focused on building or investing in new ventures.

The high level agenda will be as follows:
1600 to 1630 Introduction to attending Angels
1630 to 1730 Walk-through an actual term sheet template or memorandum of understanding
1730 to 1830 Discussion, QnA between attending entrepreneurs and angel investors
1830 to 1930 Networking

Attending Angel Investors:

Chetan Shah is an active angel investor, IAN member and Chief Operating Officer at Synygy Inc.

Deepak Nanda has been a Banker / Investment Banker since 1984. He has worked with Citibank, BNP Paribas and other Investment Banks. He has closed usd 6 Billion of Equity/ debt deals.

Here are some of the *high level* topics we can cover:
* 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 the option pool
* some key tips to entrepreneurs and to investors (not necessarily the same tips!)
* negotiation tips and a mock negotiation if time permits

Note:

* RSVP is necessary
* No fees required to attend
* Business casuals recommended

Comment Wall

Comment by Santosh S. on February 11, 2011 at 1:12pm: I am attending.

Comment by ROHIT RANJAN on February 11, 2011 at 12:30pm: I am attending.

regards

RohitRanjan

M:+91 9970826877

Comment by Sunny on February 5, 2011 at 10:51am: I am attending if any process is there to attend please let me know on 9823038907

Comment by Nilesh M on February 4, 2011 at 10:24am: Can we have the ppt or documents on Term Sheet Basic 1 if that was conducted in past.

Comment by Santosh on February 2, 2011 at 1:22pm: If you are one of the fortunate few to get an Angel Investor, make sure you get him / her to add your company name to his e-mail signature:

http://calacanis.com/2011/02/01/my-value-add-as-an-angel-your-compa...

Comment by Santosh on February 1, 2011 at 11:44am: Unfortunately, the date / time and venue have had to change due various reasons. Please RSVP again to confirm your attendance.

Comment by Santosh on January 14, 2011 at 9:45am: Due to confidentiality restrictions the speakers at the last event were unable to share the material presented.

Comment by Ranganath on January 13, 2011 at 8:37pm: I've not attended the previous meetup on the same topic. (Seems Term Sheet Basics I happened already.)

Could someone brief the old session and/or any documents/videos to refer a past event?

Comment by Amitabh Chandra on December 27, 2010 at 11:44am: This would be my first meeting. Any clue reg how the meeting is organized; is it a formal, semi-formal (?) or an informal meeting?