Event
Startup Fundamentals 3: Understanding the “Terms” in Term Sheets
Are you an entrepreneur ready to transform your vision into a successful, fundable startup? Snell & Wilmer is proud to host Access Silicon Valley’s 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 two.
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 (Pacific Time):
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
If you have any event-related questions, contact Alexandra Levine.
Time
January 22nd, 2025 from 5:00 PM - 9:00 PM
Location
Snell & Wilmer, 3611 Valley Center Drive, Suite 500, San Diego, CA 92130
