FUNDED FOUNDERS FORUM: CAPITALIZATION FOLLOWING INITIAL FINANCING - MANAGING CAP TABLE SEED TO EXIT?
Tuesday, April 22, 2014
You and your co-founders have finally managed to land that initial round of funding. Time to relax? Not a chance! You've got to make it to the (1) product launch, (2) next round of financing, (3) successful exit, or (4) all of the above. What changes need to be made to your capitalization structure to prepare for future rounds of financing and ultimately to reach a successful exit event?
Join us for an evening discussion and networking event with entrepreneurs & investors to address the management of your capital structure until an eventual exit.
Our discussion topics will include:
- Rightsizing Cap Structure to Properly Incentivize Employees (should Eduardo Saverin have been granted a 30% interest in Facebook?)
- Re-vesting: should founders expect to subject their shares to re-vesting?
- Grants: should employees be given follow-on grants (if so, when and how much)?
- Policy: Does an equity granting policy need to be implemented?
- Post acquisition: Do agreements need to be revised for the optimal outcome following an acquisition (option acceleration, single trigger, double trigger)
This event is for recently Funded Founders only,
those individuals who are founders of a company that has received (at
least) Seed or Series A funding in the last 2 years. To register, you
must fit the criteria and are required to answer a series of pertinent
questions.
Register Online
Date: Tuesday, April 22, 2014
Time: 5:30pm - 8:00pm
Location: Procopio, 1020 Marsh Road #200, Menlo Park, CA 94019
Cost: When registering for the event, use code:
SVF-WHARTONFFF pay the SVForum member price of $25 (regularly $59 for non SVForum members).
Panelists:
Michael Sinkula, Co-Founder & Director of Business Development, Envia Systems
Before
co-founding Envia Systems Inc., Mr. Sinkula was the Director of
Business Development at Nanoexa, where he successfully negotiated
development and licensing contracts for lithium battery technology and
products. Prior to that, Mr. Sinkula founded Molecular ID Systems, a
company that developed portable bacterial diagnostic devices. He has
also held several finance positions at Hewlett Packard. Mr. Sinkula
earned a B.S. in Finance from Santa Clara University, a M.Sc. in
Biomedical Engineering from the University of Newcastle (United
Kingdom), and a MBA from the Wharton School at the University of
Pennsylvania.
Igor Taber, Director, Intel Capital
Moderated by: Jon Gonzales, Partner, Procopio, Cory, Hargreaves & Savitch LLP
Jon
Gonzales is a partner in Procopio’s Silicon Valley office. He counsels
emerging growth companies, public companies and angel investors with
regard to business formations, financings, mergers and acquisitions,
securities compliance and licensing matters. His experience includes the
representation of technology companies in the consumer, mobile
advertising, social, Internet, semiconductor, software, and hardware
sectors. Jon’s prior experience also includes serving as Chief Corporate
Counsel at a public semiconductor company, Vice President and General
Counsel – Operating Companies at Idealab, and as an attorney with Wilson
Sonsini Goodrich & Rosati, where he represented Netscape
Communications and NeXT Software and top-tier investment banks in
connection with the initial public offerings of NVIDIA and Informatica.
Jon is also a Certified Public Accountant licensed in Texas. He received
his BBA (Accounting) and MPA (Taxation) from the University of Texas at
Austin and his JD from Stanford University.