Agenda (subject to change)  

Equity Term Sheets and Company Valuation

An Investor Ready™ workshop for Investors, Entrepreneurs and Advisors 

 

Monday, September 21, 2009 - 7:30 am to 6 pm, Room 7000 on 7th floor of SFU Harbour Centre, 515 West Hastings St. downtown Vancouver. Map of Streets / Parking and nearest hotel       Register here

7:30 a.m - check-in
8:00 – 8:15 am             Remarks and Introductions of Sponsors, Panelists & Bill Payne,
                                   by Bob Chaworth-Musters, Founder, Angel Forum

                                   Introductions – 20 second Elevator Pitches by 20 attendees

8:15 -  9:30 am             Advanced Deal Terms by Bill Payne followed by Q & A

9:30 - 10:00 am            20 second Elevator Pitches by 20 attendees - Networking Break

10:00 - 10:25 am.         "Light Preferred" Angel Term Sheet by Dan Rosen

10:25 - 10:45 am           One page Exchangeable Share Term Sheet by Basil Peters 

10:45 - 11:45 am           Panel Discussion and Q&A – Term Sheet Considerations

                                   Moderator – Bill Payne, Las Vegas

                                   Angel - Dr Basil Peters, Vancouver

                                   Angel - Dan Rosen, Seattle

                                   Angel - Mike Volker, Vancouver

                                   Lawyer - Steve Lukas, Fasken & Martineau law firm, Vancouver

11:45 – 11:50 am          Introductions – 20 second Elevator Pitches by 15 attendees

11:50 - 12:05 noon        Fasken & Martineau legal presentation by Steve Lukas        

12:05 -1:00 pm             Sandwich Lunch in workshop room and nearby TIME Centre lounge

1:00 – 1:15                   TSX Venture Exchange presentation by Colleen Chambers

Section I                     Valuation for Entrepreneurs

1:15 – 1:20                   Video Introduction to Bill Payne and Agenda Review

1:20 – 1:35                   Valuation Calculator Exercise

1:35 – 1:40                   Discuss Data on VC Valuations

1:40 – 1:45                   Video – the Importance of Scale

1:45 – 2:00                   Lemons Rot Faster than Plums Ripen

2:00 – 2:05                   Video - Venture Capital Method

2:05 – 2:20                   VC Method Exercise and Discussion

2:20 – 2:40                   Networking Break

Section II

2:40 – 2:45                   Video Introduction to Luis Villalobos

2:45 – 2:50                   Video - Valuation and Investor Returns

2:50 – 2:55                   Exercise and Discussion

2:55 – 3:00                   Video - Divergence

3:00 – 3:10                   Exercise and discussion

3:10 – 3:30                   Video – Entrepreneurs and Investors Perspective on Valuation

3:30 – 3:40                   Discussion of Video

3:30 – 3:45                   Equivalency of VC Method and Divergence Method

Section III

3:45 – 4:15                   Panel Discussion and Q & A – Valuation considerations

                                    Moderator – Bill Payne, Las Vegas

                                    Angel - Dr Basil Peters, Vancouver

                                    Angel - Dan Rosen, Seattle

                                    M&A specialist - Randy Garg, PricewaterhouseCoopers, Vancouver

                                    Lawyer - Steve Lukas, Fasken & Martineau law firm, Vancouver

4:15 – 4:30                   M&A specialist - Randy Garg, PricewaterhouseCoopers, Vancouver

4:30 - 5:00                    Closing Activities
                                    Thanks to sponsors, Complete Evaluation Forms, Future Workshops by Bob C-M

                                    Programs Update by Bill Payne

                                    Angel Forum overview – Bob Chaworth- Musters

5:00 – 6:00                   Informal Networking (room must be vacated by 6pm) 

Register here