These two angel capital workshops drill down on critical aspects of the angel investing processes earlier presented in the Power of Angel Investing (PAI) Seminars the Center has offered statewide since 2001. They are designed for investors who have participated in the full-day PAI seminar programs or for angels who have made moreo than five angel investments, as well as for service providers and other entrepreneurial support professionals who are interested in learning more about the specifics of angel investing to help prepare their client entrepreneurs for equity funding. These half-day seminars have been previously delivered nationwide to over a thousand accredited investors in such places as Seattle, Philadelphia, St. Louis, Denver, Chicago, San Diego and Kansas City.
Date: June 19, 2009 | Friday
Time : 8:30 to Noon and 1 to 5 pm (two half-day seminars)
Location: Ina Mae Rude Entrepreneur Center, 4200 James Ray Drive, Grand Forks, ND 58203
Registration Fees:
Either Half-Day seminar: $100 for any member of Angel fund; $150 others
Both Half-Day Seminars: $150 for any member of an Angel Fund; $250 others
Register with the UND Center for Innovation 777-3132, Lee@Innovators.net
Seminar 1: Due Diligence (DD) - effective due diligence is one of the most critical steps in successful angel investing. This drill-down workshop takes the angel investor through the key issues which will determine major risk factors and deal breakers. The workshop emphasizes what must be confirmed, the cost of confirming, and the risk of not knowing. Participants learn what it takes to validate the plan and to define and contain the risk of investment. This is for angel investors who have previously completed the full-day seminar on the Power of Angel Investing. Attendees will participate in breakout sessions and develop due diligence checklists as a case study exercise. A customized workbook will be provided to each participant with copies of all presentations, substantial resource materials, a standardized term sheet, a comprehensive glossary, bios on each faculty member and a profile of each sponsor.
Seminar 2: Valuation & Portfolio Strategy (VPS ) is for angel investors who are interested in learning more about establishing a pre-money valuation for seed/startup companies, how follow on funding may dilute valuations, the importance of the company scalability to angel investors , and the critical parameters for a successful angel portfolio strategy. Items will be covered like how to make angel-entrepreneur negotiations less contentious, using rules of thumb when crafting and measuring portfolios, and learning insights from effective portfolio strategies by exploring data. A customized workbook will be provided to each participant that includes presentation content, slides, and exercise worksheets.
The lead faculty is Bill Payne a Senior Program Advisor at the Kauffman Foundation and the chief architect of the Power of Angel Capital curriculum. He an active investor and an advisor to entrepreneurs. Bill is an active member of the Tech Coast Angels, Vegas Valley Angels, Frontier Angel Fund, and Aztec Venture Network. Over three decades, Bill has successfully founded or invested in 24 start-up companies. PAI is delivered via a partnership between ACEF (as the program distributor for the Kauffman Foundation) and the Center for Innovation who are all interested in promoting angel education to a wide audience. Bill has been to North Dakota six times since 2001, and has a particular knack of delivering outstanding content of angel investing in the best way - he is the top angel investor faculty in the nation. Attendees always complain they do really have a full day to spend at a seminar, and always leave glad they stayed the entire day.
Please note that investors are offered a "protected environment", without solicitations of any type from service providers and entrepreneurs.
Sponsors:
UND Center for Innovation
North Dakota Securities Commission
Also as a bonus:
Bill Payne - "The Venture Capital Model is Broken"
Thursday June 18th at 6 pm
IdeaLab at the Ina Mae Rude Entrepreneur Center
Free of charge |
