Since start-up companies have a high failure rate, a key component to success as an angel investor is to learn the best practices of evaluating the critical risk factors inherent in any potential early stage investment. This course provides an in-depth exploration of both the risks and rewards of investing in early stage companies. The course covers in specific detail the major risk categories and provides insights into the necessary strategies to potentially mitigate these risks.  A case study exercise utilizing a Risk Canvas template provides participants with hands-on experience to uncovering and addressing risks.

Negotiating the current valuation of seed-stage startups at the time of investment is a critical component of angel term sheets.  Getting valuation right establishes a fair percentage of ownership for both investors and entrepreneurs and optimizes returns for investing angels.  This clinic introduces participants to startup valuation and demonstrates multiple valuation methodologies.  In addition to valuation methods, the lead instructor will provide insights into the impact of stage of development, geographic location, business sector and the global economy on startup valuation. The program leaves attendees with an exercise to help hone their newly acquired valuation skills by using these valuation methods in appraising a case study company.

Exit strategies may be one of the most misunderstood aspects of angel investing and this workshop serves to shed a light on how angels and their portfolio companies can work together to achieve the most successful exits.  Value creation for angel backed companies is different than for lifestyle companies and the primary difference lies in how we craft the exit strategy.  This workshop covers the kinds of exits and how to prepare for each.  We talk about what the drivers are for high multiples and how companies can build in value from the very beginning of their companies.   The workshop finishes with the “Exit Strategy Canvas” that walks participants through the six key elements of exit strategy.  The exit strategy canvas helps boards to create a variety of exit scenarios and work towards optimal outcomes for all.

Designed as a follow-up to the Startup Boards Basics course, this course will discuss additional topics related to serving on a startup board. Concepts to be covered include: the fiduciary obligations of Board members, the Board’s role in supporting additional fundraising, and the Board’s role in determining an exit scenario. The application of case studies and critical lessons learned will be shared by course instructors to identify Board trouble zones and highlight the best practices of working with a Board.Designed as a follow-up to the Startup Boards Basics course, this course will discuss additional topics related to serving on a startup board. Concepts to be covered include: the fiduciary obligations of Board members, the Board’s role in supporting additional fundraising, and the Board’s role in determining an exit scenario. The application of case studies and critical lessons learned will be shared by course instructors to identify Board trouble zones and highlight the best practices of working with a Board.

The Angel Group Formation course is designed for aspiring angel group leaders, experienced angels, economic development professionals, and entrepreneurial ecosystem builders who are interested in launching or strengthening an angel group in their region. Delivered in an accessible on-demand format, this course provides a practical roadmap for starting and sustaining a successful angel group, with insights into group structure options, legal and compliance considerations, recruiting members, building deal flow, and managing operational aspects. The course aims to demystify the formation process and equip leaders with actionable tools and templates to launch and scale their group in alignment with their community goals.