TCVN June Workshop
Valuation

What Is Your Startup Worth?
Morning Workshop
June 9, 2011

You’ve created your organization structure, identified the management team and scrubbed your business plan.  Product development is underway – you have a prototype that demonstrates your idea. Maybe you even have a trickle of revenue.  It’s not a significant amount, but it’s the first tangible signal that there really is a market for your product or service.

You still have a lot of product, market and organizational development to complete and that will require financial resources beyond your means.  You’ve gone through the initial funding steps – you’ve self-funded, and maybe you’ve even raised some money from family and friends.  It may be time to take the next step: angels, possibly VCs or other professional funders. Your team is gathering and creating the materials needed for your investor presentations, but you’ve hit the wall over one particular issue.

The amount of money you can raise, and the amount of equity you will need to “give up,” in order to raise it, are dependent on the value investors place on your enterprise.  Worse, startup company valuation techniques are sometimes considered some of the universe’s deepest and darkest secrets.

What Will We Discuss? What Can I Learn?

Investors use a variety of valuation techniques.  Some appear to be very quantitative and precise, while others are obviously judgmental and subjective. Some are applications of sophisticated formulae, while others are rules of thumb. We will discuss no less than six techniques that angels, VCs and other professional investors may use.

The Hosts for This Workshop

Bart Greenberg – Bart is a partner in the Orange County office of Haynes and Boone, LLP, where he practices general corporate law with an emphasis on mergers and acquisitions, debt and equity financings and the cost-effective representation of entrepreneurs, start-ups and emerging technology companies.  Bart is the Chair Emeritus of TCVN, having chaired the organization from 2005 to 2010, and the recipient of TCVN’s 2011 Entrepreneur Advocate of the Year.

Jay Winokur – Jay has been a financial executive with technology and science-based organizations ranging from pre-revenue startups to major divisions of the Fortune 500. He has assisted emerging companies secure over $200 million in funding.  His activities have included producing successful Investor Forums, and consulting to NASA on commercializing leading-edge technologies.

Register today!
$35 for non-TCVN Members pre-registration$45 at the door/day of event
FREE for TCVN Members!