Startup Fundamentals 3:  Understanding the "Terms" in Term Sheets

Access Silicon Valley is the “virtual bridge” to Silicon Valley, where startup entrepreneurs and serial entrepreneurs in real time, get access to relevant content, and have the opportunity to interact with, angels, VCs and great entrepreneurs that they otherwise wouldn’t get the opportunity to see, hear or possibly connect with. In addition we have put together valuable workshops to prepare startup entrepreneurs for the roller coaster ride of the startup world! We encourage you to join us.Access Silicon Valley is an extension of the overall global vision to build “virtual bridges” between those cities that have great startup communities and Silicon Valley. Stay tuned for an exciting journey as we deliver events, content and workshops that you won’t want to miss! We invite you to reach out and learn more about our amazing network of VC’s, entrepreneurs, artists, technologists and designers, as we want YOU to be part of the journey!

Access Silicon Valley

Unlock Your Startup’s Potential: Join Our Essential Workshop!

Snell & Wilmer

Access Silicon Valley Events

Access Silicon Valley's mission is to provide access to the best and brightest Silicon Valley VCs, "been there, done that" entrepreneurs and experts, providing relevant information, with actionable take-aways, to startup entrepreneurs.

<h3>Unlock Your Startup’s Potential: Join Our Essential Workshop! </h3>Are you an entrepreneur ready to transform your vision into a successful, fundable startup? <a href="https://accesssiliconvalley.net/" title="https://accesssiliconvalley.net/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Access Silicon Valley</a> and <a href="https://evonexus.org/" title="https://evonexus.org/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">EvoNexus</a> invite you to join us for an invaluable 3-hour workshop designed to equip you with the legal and business tools and insights necessary to build a fundable and scalable startup and thrive in the startup ecosystem!This is the last of three workshops in the <a href="https://accesssiliconvalley.net/" title="https://accesssiliconvalley.net/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Access Silicon Valley</a> Startup Fundamental Series for startup founders, startup executives, entrepreneurs, innovators, and developers. While advantageous to have attended all 3 workshops, this is stand-alone content. You can still attend this program if you missed the first.Thank you to our event sponsor, <a href="https://www.swlaw.com/" title="https://www.swlaw.com/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Snell &amp; Wilmer</a>. <h4>CONTENT</h4>In this third workshop of the Startup Fundamentals series, <a href="https://www.linkedin.com/in/rogerrappoport/" title="https://www.linkedin.com/in/rogerrappoport/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Roger Rappoport</a>, a former entrepreneur, founder of Access Silicon Valley, a partner at Snell &amp; Wilmer and co-leader of its Emerging Growth and Venture Capital practice group, will conduct an interactive, informative session with in depth content on the terms and term sheets for a seed, angel, convertible debt, Safe (pre-money and post-money) and Series A round. <h4>This session will cover:</h4><ul><li>When and from whom to take money</li><li>When is an amount raised too much or too little, and the perils of both</li><li>The anatomy of a term sheet</li><li>Understanding the structure of, and the provisions that will most likely be included in, a convertible debt, Safe, angel and venture financing term sheet</li><li>How to arrive at a realistic pre-money valuation</li><li>The impact of term sheets on existing shareholders</li><li>The provisions that will impact control of major and day-to-day decisions at your startup</li><li>The most recent trends relating to: liquidation preferences, participation rights, anti-dilution provisions, pay-to-play provisions, redemption rights, registration rights, rights of first refusal, drag along rights, co-sale rights, among others</li></ul> <h4>Materials:</h4>A comprehensive 50-page digital workbook with an actionable step-by-step guide will be distributed to all registered event attendees on the day of the event. <h4>Agenda:</h4>5:00 PM - 6:00 PM - Dinner and networking 6:00 PM - 6:15 PM - Speaker and sponsor introductions 6:15 PM - 7:30 PM - Startup workshop Part A 7:30 PM - 7:45 PM - Intermission 7:45 PM - 8:45 PM - Startup workshop Part B 8:45 PM - 9:00 PM - Q &amp; A Seating is extremely limited, so reserve your seat now.

<h4>About the Speaker:</h4>Snell &amp; Wilmer Partner <a href="https://www.swlaw.com/people/roger_rappoport/" title="https://www.swlaw.com/people/roger_rappoport/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Roger Rappoport</a>, Co-Leader of the Emerging Growth and Venture Capital Practice Group, is a seasoned advisor to startups and emerging growth companies and the investors who finance them, guiding clients from inception through exit. With over two decades of experience in the startup ecosystem, Roger focuses on venture capital and angel investor financings, including convertible notes, SAFEs, and other debt financings. His knowledge extends to mergers and acquisitions, joint ventures, distribution, development, manufacturing, and licensing transactions, as well as executive compensation and the establishment of equity incentive plans.He has extensive experience in advising startup and well-established emerging growth companies, primarily in the software, information technology, Internet, fixed and mobile communications technology, cleantech and life sciences sectors. Roger is the co-author of “Investor Agreements in a Financing Transaction” a chapter in Financing California Businesses,” California Continuing Education of the Bar, Co-author of "<a href="https://www.procopio.com/articles/view/angel-vc-funded-startups-paycheck-protection-program" title="https://www.procopio.com/articles/view/angel-vc-funded-startups-paycheck-protection-program" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Considerations for Angel and VC Funded Startups and Emerging Growth Companies Considering a Loan Under the Paycheck Protection Program</a>," and Co-author of “<a href="https://www.procopio.com/articles/view/changes-in-convertible-instruments-for-early-stage-financings" title="https://www.procopio.com/articles/view/changes-in-convertible-instruments-for-early-stage-financings" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Changes in Convertible Instruments for Early Stage Financings</a>.”Roger is a frequent speaker and panelist on topics and issues related to the development and implementation of a company's formation and funding strategy.Before attending law school, he was the founder of a technology company with $10 million in revenue.Roger is very connected with investors in Silicon Valley and beyond and is an active angel investor. As an attorney, he has been involved in hundreds of transactions such as merger and acquisition transactions, private equity and venture capital financing transactions, and complex restructuring transactions.Roger is also the founder of <a href="https://accesssiliconvalley.net/" title="https://accesssiliconvalley.net/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Access Silicon Valley</a>, a platform for entrepreneurs, on a global basis, to gain access to Silicon Valley's best and brightest Venture Capitalists, "been there done that" entrepreneurs, and experts. Take a closer look at the <a href="https://accesssiliconvalley.net/" title="https://accesssiliconvalley.net/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Access Silicon Valley Video Fireside Chat Series</a> hosted by Roger, with representatives of some of the Valley's most high profile VCs, such as Andreessen Horowitz, Foundation Capital, Floodgate, Venrock, Canaan Partners and more.

Questions? Email <a href="https://alevine@swlaw.com" title="https://alevine@swlaw.com" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Alex Levine</a> at <a href="https://alevine@swlaw.com" title="https://alevine@swlaw.com" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">alevine@swlaw.com</a>.