We are pleased to announce our 11th Annual Venture Capital Financing Conference. This year’s program will give you actionable insights about the state of the venture capital market, how to fund and build a venture-backed business during the recession, exit strategies, how to take your company from good to great, venture deal structures, and the successful negotiation of venture terms sheets in the current, challenging environment.
These topics will be covered:
- Keynote Address by Brian McAndrews: Creating a Culture of Innovation and Success
- State of the Market
- Funding and Building a VC-Backed Business in Tough Economic Times
- Exit Strategies in 2010
- “What I Wish I Knew Before Starting My First Company”
- Term Sheets and Deal Structures – Changes you need to know
- Mock Term Sheet Negotiation: Difficult Financings
This seminar is available via On Demand,
which will allow you to view the recording from computer.
Please read the System Requirements for the On Demand prior to ordering.
This Program will NOT currently work on a MAC.
There was a recent update to the media player and it is not compatible to the MAC.
Microsoft is working to fix this problem.
This seminar must be downloaded and viewed before it expires on April 23, 2011
If you have questions call 800-574-4852 or send an email to email@example.com
Thank you to the Seminar Co-Sponsors
Alliance of Angels
Evergreen Venture Capital Association
Puget Sound Venture Club
Who Should Attend:
Wealth Investors and Financial Planners
Anyone who needs to understand venture capital and the latest trends affecting venture capital financings today
Friday, Apr. 23, 2010
| 9:00||Introduction and Overview|
Madrona Venture Group
Perkins Coie LLP
Venture capital trends: A look at the U.S. and the Pacific Northwest. What do the numbers mean? What does the future hold?
OVP Venture Partners
| 9:45||Funding and Building a VC-Backed Business in Tough Economic Times|
The recession has changed the game for getting venture funding and building your company. Learn how the new environment for venture funds, the focus on capital efficiency and longer times to exit impact the financing and building of companies. What characteristics in companies and their teams appeal to venture investors in the current environment? What are the challenges of building a venture-backed company in lean economic times, and how do you overcome them? How do investors and entrepreneurs evaluate the choices a business must make for long-term success?
Perkins Coie LLP
|11:00||Exit Strategies in 2010|
What are the trends in mergers and acquisitions and initial public offerings that should inform the way you evaluate whether and how to exit in 2010? How have the expectations of M&A buyers and the public markets changed as a result of the current economy, and what does it mean for your company? Learn the latest thinking on positioning a company for a successful exit event.
Cascadia Capital LLC
| 1:00||Keynote Address: Creating a Culture of Innovation and Success|
McAndrews will share how aQuantive managed to survive a difficult economic climate following the burst of the technology bubble to become a market leader and eventually be acquired by Microsoft for $6 billion.
Madrona Venture Group
| 1:45||“What I Wish I Knew Before Starting My First Company” ~ A Panel Discussion|
Entrepreneurs deal with a thicket of thorny challenges, and as they do, the insights they gain are many and meaningful. Learn what successful entrepreneurs wish they’d known before they took the plunge, and how it can help you in your business.
Madrona Venture Group
Pet Holdings, Inc.
Founders Co-op; TechStars Seattle
| 3:15||Term Sheets and Deal Structures – Changes You Need to Know|
Learn how to navigate key term sheet provisions with a focus on what terms have changed over the last few years. Understand different ways to structure key economic and control terms - liquidation preferences, dividend preferences, protective provisions, anti-dilution provisions, conversion provisions, redemption rights and “pay-to-play provisions” - how do these key deal terms protect and impact an investor’s return on investment and affect the entrepreneur’s and investor’s control over corporate direction? Learn about these and other critical provisions in the term sheet.
DLA Piper LLP (US)
| 4:00||Mock Term Sheet Negotiation:
Observe and ask questions as two professionals negotiate the key terms of a term sheet in venture financing, addressing the issues that are often faced in difficult financing, such as liquidation preferences, the scope of protective provisions, pay-to-play provisions, drag along rights, anti-dilution protection, founders’ vesting and board control.
Madrona Venture Group
Wilson Sonsini Goodrich & Rosati PC
| 4:45||Questions and Answers|
Sponsored by: The Seminar Group
Michael J. Butler, Program Co-Chair, Chairman, CEO, and co-founder of Cascadia Capital LLC, leads the firm and is an
emerging thought leader in the New Energy Economy. His recent
focus on sustainable technology has helped propel Cascadia into
some of the most important transactions in this market. He has
been involved in numerous equity financing transactions for both
public and private companies.
Geoff Entress, Program Co-Chair, a Venture Partner with Voyager Capital, focuses broadly on information technology investments in the Pacific Northwest. He is also an active angel investor in the region, and has invested in over 50 Pacific Northwest technology companies during the last decade.
David F. McShea, Program Co-Chair, a partner with Perkins Coie LLP, focuses on the representation of high growth technology companies, public companies and venture capital firms. In more than 20 years of practice, he has handled numerous significant transactions, , including the initial public offerings of Amazon.com and Zillow.
Mark Ashida is a General Partner with OVP Venture Partners, where he focuses on investments in infrastructure, SaaS, Networking and enterprise software. Prior to joining OVP in 2007, he served as General Manager of Windows Enterprise Networking at Microsoft Corporation.
Michael Brochu, President & CEO of GMI, is a seasoned technology executive with 20 years of senior-level experience and operational excellence. He recently served as President and CEO of Loudeye Corporation, a global leader of digital music platforms.
Troy Cichos, administrative partner for Madrona Venture Group, oversees the operations, finance and administration for Madrona and the venture funds under Madrona management. He was formerly a tax manager at Deloitte & Touche and a manager for ITT Financial.
Richard Fade, a Partner with Ignition Partners, focuses on infrastructure software, consumer and B2B services investments. Prior to joining Ignition, he spent 16 years at Microsoft Corporation in several leadership roles including serving in the executive staff as a division level Vice President.
Praerit Garg is the President and Co-founder of Symform, a firm which develops cost effective solutions to large scale distributed data management problems. He was previously a Senior Director in the Server and Tools division at Microsoft.
Greg Gottesman, a Managing Director with Madrona Venture Group, currently serves on the boards of Bocada, BuddyTV, Cheezburger, Intrepid Learning Solutions, Jobaline, Nimbic, Rover.com, ThinkFire, and WildTangent. He is the founder and former CEO of Rover.com.
Mark J. Handfelt, a partner with Wilson Sonsini Goodrich & Rosati PC, specializes in representing technology companies and their investors. His practice focuses on securities offerings (public and private) and corporate partnering arrangements, joint ventures, and mergers and acquisitions.
Ben Huh is the CEO of Pet Holdings, Inc., which operates a network of web sites including “I Can Has Cheezburger?” and “FAIL Blog”, known as the Cheezburger network. He was previously Director of Product Management with Intava, an information technology services company.
Andy Liu is CEO of BuddyTV, the largest independently held TV site on the Internet. Prior to BuddyTV, he served as President and CEO of NetConversions from 1999–2004 prior to its sale to aQuantive and served as VP and GM of its Site Optimization unit from 2004–05.
Brian McAndrews is a Venture Partner with Madrona Venture Group. Prior to 2009, he was a Senior Vice President at Microsoft Corporation, leading the Advertiser and Publisher Solutions (APS) Group from 2007-08.
Megan L. Muir, a Partner with DLA Piper LLP (US), is the firm’s Regional Head of Corporate and Securities. She represents emerging growth companies and the venture capital firms, strategic investors and investment banks that finance these companies.
John Robertson, a partner with Cooley LLP in the firm’s Business department, represents clients in a wide range of transactions, including public offerings, mergers and acquisitions, and venture capital financings, as well as general corporate matters.
Andy Sack, Partner/Executive Director of Founders Co-op and TechStars in Seattle, has over 15 years experience running and investing in high tech businesses. He was co-founder and CEO of Judy’s Book, a local search social network.
Karl Siebrecht is President and CEO of AdReady, which develops tools for more efficient online ads. He was previously with Microsoft for two years as an executive in it’s online services division. Prior to that, he spent eight years at aQuantive, including as President of its Atlas technology division.
This seminar is approved for the following credits
6.0 General CLE Credits
7.0 General CLE Credits - The Seminar Group is an Accredited Sponsor
5.5 General CLE Credits
If this seminar has not been approved for the credits you require, let us know and we will look into it for you.
Information on Continuing Education Credits
|2 or more (each)
|Government / Non-Profit
|On Demand - All Sessions
|On Demand Session 1
|On Demand Session 2
|On Demand Session 3
|On Demand Session 4
|On Demand Session 5
|On Demand Session 6
|On Demand Session 7
We will refund your tuition less a $50 cancellation charge if we receive your cancellation by 4/16/2010.
|This seminar is being held at:
|The Edgewater Hotel
2411 Alaskan Way
Seattle, WA 98121
|Phone: (206) 728-7000
Sleeping rooms are available for a 20% off discount of best available at the time of booking. To reserve, please call the hotel and mention “The Seminar Group room block”.
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