EnE club (Entrepreneur and Executive club), in an ongoing collaboration with Perkins Coie, is presenting a series of round table discussions on startup legal topics.  We are excited to present the second session of the series:

Term Sheets 101: How to Negotiate with Angels and VCs

In this session, the presenters will discuss the most important sections of a term sheet for entrepreneurs to negotiate with Angels and VCs.  After the discussion, an experienced angel investor and a lawyer who typically represents emerging companies in venture capital financings will battle over the terms in a term sheet.

Zhanping Wu will lead the initial discussion and Jim Jensen and Jun Li will battle over a mock term sheet.  The session will be interactive and audience's participation in discussionis highly encouraged.  Seats are limited and individuals who already have registered businesses will be given priority.

Time:6:15pm – 8:30pm, Thursday, May 10, 2012

Venue:will be sent in registration email

Agenda:

·         6:15 – 6:30 pm:   Registration and Networking (with Refreshments)

·         6:30 – 6:50 pm: Initial discussion on term sheet led by Zhanping Wu

·         6:50 – 8:30 pm:  Mock-up term sheet negotiation led by Jun Li and Jim Jensen

Jun LI

Mr. LI, the founding partner of China Start-up Republic Ventures, a seed fund and accelerator in China.  Jun is a successful serial entrepreneur, angel investor and venture capitalist.  Jun started his first company in Japan in early 1990s.  Jun moved to Silicon Valley in 1999 and founded 5 companies since then.  In the mean time, as an angel investor, Jun has invested in 15 early stage companies, he recently founded CSR Ventures in China, built a startup boot camp office in Shanghai called innovation camp (http://www.innovation-camp.com).  Jun is a member of Band of Angels, Silicon Valley's oldest angel investor organization.  Jun was a graduate of Peking University and a board member of the PKUAANC EnE club.

James (Jim) JENSEN

Mr. Jensen, a partner in the firm's Emerging Companies Group and a leader of the Firm's China Emerging Company and the Investment Fund Formation practices in Silicon Valley, represents emerging companies, accelerator/incubators and venture capital funds in diverse industries, including clean technology (e.g., biofuels, LEDs, smart meters and solar), digital media, Internet, medical devices, mobile, security and software.  He is a technology entrepreneur and has formed and run multiple e-commerce and other Internet companies, which gives him a unique understanding of legal issues as viewed through the eyes of entrepreneurs.  His full bio can be found at http://www.perkinscoie.com/jjensen.

Zhanping (Ping) WU

Ms. Wu is a corporate attorney at Perkins Coie and a leader of the Firm's China Emerging Company practice.  Her practice includes corporate formation, venture capital financings, mergers & acquisitions, public offerings, technology transfer transactions and general business counseling.  She islisted inSuper Lawyers Magazineas a "Northern California Rising Star,"2011. Ping was a top graduate of Peking University. 

About Perkins Coie LLP

Perkins Coie is a leading global full-service law firm, with 19 offices throughout the U.S. and in Beijing, Shanghai, and Taipei.  Among many highly ranked practice areas, its Venture Capital practice received the sole “Law Firm of the Year” award from U.S. News in 2011, and its Patent/Patent Litigation practices have been consistently ranked as among the top 10 by Corporate Counsel,Intellectual Asset Management, and other leading trade magazines.  Founded in 1912 in Seattle and having served Boeing for nearly a century for almost every legal matter, Perkins Coie will celebrate its centennial anniversary this year.  Perkins Coie's website is at http://www.perkinscoie.com.