128 Venture North: Losing Control - The Other Cost of Capital
Tuesday, June 26, 2012 at 7:30 AM - Friday, June 29, 2012 at 5:00 PM (EDT)
128 VENTURE NORTH:
LOSING CONTROL - THE OTHER COST OF CAPITAL
Tuesday, June 26, 7:30 to 10:00 AM
You've led your company succesfully through its early stages of growth. Now you're facing an even bigger challenge: raising enough capital to scale your operations without losing control of the company. Does giving up a controlling interest in a company automatically mean you'll be sidelined? What red flags do investors consider in replacing a founder? How do entrepreneurs build strong relationships with new investors/owners? How can you tell when it's time to hang it up (at least with this company)?
Speakers: Richard Harris, Launch Pad Venture Group; Nick Pappas, Vice President, Mass Ventures
7:30 - 8:00 AM - Registration, breakfast buffet and informal networking
8:00 - 9:00 AM - Introduction by attendees - an opportunity to tell the group who you are, what you do and your purpose for attending the meeting
9:00 - 9:45 AM - Presentation by our speaker or panelists
9:45 - 10:00 AM - Q&A, and more informal networking
At the close of the meeting, a printed roster of the meeting's attendees is available. Attendees are identified as Investors seeking new investment opportunities, Entrepreneurs looking for investment in their ventures, Management Candidates searching for new opportunities or Service Providers looking to provide help and services to all.
Richard C. Harris is a consultant to companies and professional service firms, helping them raise performance by aligning around a core mission and strategy.
A consultant for more than 25 years, clients have recently used his services to raise company performance in the following ways:
-Coaching executives to achieve higher levels of individual performance
-High-stakes facilitation for functional teams (sales, engineering, etc.) and Senior Leadership teams
Dr. Harris also active in the greater Boston start up community. As a member of Launchpad Venture Group, he is an active angel investor. In addition he acts as a mentor to start up teams and provides advice on how to communicate with potential investors.
Dr. Harris is a former senior officer of The Forum Corporation in Boston. Positions have included Managing Director for Great Britain and Head of Global Research. He has also overseen Forum operations in Prague and Hong Kong. His leadership positions in the firm included membership in Forum’s Management Committee and Board of Directors.
He holds a PhD in Change Management from Cornell University and a BA from Allegheny College.
Dr. Harris lives in Newbury, Massachusetts, a seacoast town north of Boston. Personal interests include antique furniture, travel with his wife, and keeping up with their three adult children.
Nicholas A. Pappas, Vice President, Mass Ventures
Nick Pappas has been working with early-stage technology companies for over 10 years, advising management teams and boards of directors on market expansion, capital raising and merger and acquisition strategies. Nick joined MassVentures in 2009 and is responsible for identifying investment opportunities and working closely with MassVentures’ portfolio companies. He currently manages MassVentures’ investments in Incentive Targeting, Ntirety, Owneriq, Harvest Automation, Courion, Segterra, Libboo, vSnap and Clarity.
Prior to joining MassVentures, Nick was a senior technology investment banker with Oppenheimer & Co., SVB Alliant, and Canaccord Adams (formerly Adams Harkness) both in Silicon Valley and Boston. He holds an MBA from MIT’s Sloan School of Management and a Bachelor of Science in Business Administration from The University of Richmond