Should you include angel investments in startup companies in your asset portfolio?  Join ACA in a half-day seminar introducing accredited investors to the fundamentals of angel investing, led by seasoned pros.  This is a great chance to get information and insights to determine if angel investing is right for you, to meet other angels to connect to as you consider investment opportunities, and to learn the key points of making good investments.  Many experienced angels tell us they wish they would have had education like this when they first started – it might have saved them some money. The seminar will provide insights into angel investing as an asset class, with a focus on anticipated returns, portfolio strategy, valuation of early-stage companies, conducting due diligence, understanding term sheets and angel involvement in portfolio companies after the investment. 

 

 

Angels face many challenges when investing in startup ventures. One crucial, but sometimes overlooked, detail is the impact of new funding on the company’s capital structure. Whether funding comes as equity or debt, the savvy investor needs to understand how this round of funding will impact the ultimate outcome for all shareholders. So early stage investors need to be fluent in the structure of cap tables to understand the impact on their potential returns from current and future rounds of funding.

ACA in cooperation with VentureSouth offers entrepreneurs and investors alike a practical education in understanding the details of cap tables through the lifecycle of a startup venture.   This workshop will include a combination of presentations, exercises and a case study to illustrate common cap table mathematics a startup and its investors must consider. Among the important topics to be illuminated are the impacts of: valuation, liquidation preferences, anti-dilution terms, convertible notes, and option pools and vesting.

This workshop assumes some familiarity with basic cap tables, typical deal terms and Excel spreadsheets. Participants are urged to bring a laptop or tablet computer to the workshop to enable participation in the exercises. 

 

Serving as a Director of an early stage angel-backed company is a serious responsibility. This workshop reviews smart practices in forming boards, managing board meetings and serving as a Director—all with the goal of creating an effective governance structure for startups. Key topics will include the legal obligations and risks faced by Directors, how to deal with conflicts of interest and how to navigate trouble zones (such as managing M&A) that occur during a company’s journey from initial investment through exit. Learn how to add value while staying out of trouble!