|
The Venture Financing Roundtable
2004
Coming Tuesday, January 20, 2004
Register Now - Tickets are
selling.
Title: The G.P’s Value Proposition to the L.P.
Featuring:
Jay Powers G.P., Bear Creek Venture Partners
Stephen Handley, L.P.
Live Venture Consulting: 5:30 to 7pm "on the white boards"
Speaker Presentations: 7pm to 9pm
Come
and witness Jay (GP) present his successful fund raising presentation
from one of his fund's investors Steve. Then, watch Steve (LP)
critque why he chose Jay's fund over others. Learn how the pros
raise capital for early stage deals in tough times.
Forbes recently predicted that 75% of today's venture capital firms will not exist five years from now. This shines a spotlight on how investors create value that attracts their investors as Limited Partners in new venture investments.
No entrepreneur wants to get a call that their venture investor just went out of business and their equity is being sold off to a roll up or to a secondary fund to be managed by a group of strangers. Nothing could be more critical to the entrepreneur than knowing their investor's business model is sound and that they've selected the smart money to get them to the promised land.
In a market where the temptation is to take the first reasonable investor that comes along, the entrepreneur has a fiduciary responsibility to the existing shareholders to do their homework. Likewise, limited partner (LP) investors into venture funds perform similar due diligence before writing a check to be managed by their general partners (GP). The savvy entrepreneur not only understands the technical terms of venture deals, but also understands how to discern between funds like a LP before committing to the relationship.
Please join us for this rare opportunity to hear from Jay Powers GP with Bear Creek Venture Partners, present their firm's value proposition as it is told to attract LP investors into their fund. Learn how GPs like Jay raise their funds that get placed into entrepreneur deals. Next, participate in an interactive Q & A session as a seasoned LP, Stephen Handley, discusses how he would select one fund over others. Come away with a deeper understanding of exactly where the capital that drives early stage ventures comes from and how to use this new wisdom to choose the right investor for your company.
This program will likely sell out, so please register in advance.
- Call me if you have questions. Rob
|
|
Memo from Robert Kruse, Managing Partner VenLogic LLC |
| |
Wanted: Sustainable Regional
Advantage.
Robert's letter to the editor was accepted in response to a recent
article in Puget
Sound Business Journal.
Venture Financing Roundtable - 2003 Highlights Video
|
Coming February
3, 2004
Register Now
Title: The Link between Valuation, Strategic
Planning, and Managerial Talent for Startup Firms
Small Business Valuations: How to assign Asset Value to the Intangible Characteristics of a Startup
Featuring:
Dr. David Andrade, Andrade Economic Consulting, Inc.
Colleen Aylward, President, Devon James Associates, Inc.
Valuation is viewed as a necessary but problematic task associated
with sourcing financial capital or signing management talent.
The reason for this is that valuation models and associated
financial statements for mature businesses are often not appropriate
for startup firms; startup firm investments consist mostly
of intangible assets, in contrast to tangible assets. Anecdotal
evidence shows that the various audiences who look at startup
valuation models and associated financial statements often
ignore their details or view the results with suspicion, but
acknowledge their importance.
This presentation will show
exactly why this suspicion is warranted. The traditional valuation
models and financial statements often do not link how the
startup firm management team will adjust their strategic business
plan in response to changing market conditions; this is often
overlooked by entrepreneurs, investors and solution providers.
The more appropriate framework for valuing startup firm investments
is to apply dynamic modeling of strategic value and show various
possibilities for how the management team will be required
to make adjustments in order to steward the investment toward
its optimal valuation and return. This approach highlights
the importance of managerial talent as being an essential
asset needed to achieve optimal investment valuation and return.
The presentation begins by showing how to explicitly link
the strategic business plan to the valuation models and financial
statements and how to correctly interpret this information.
A case study will then be presented in order to provide the
audience with explicit guidelines for improving their existing
financial projections and valuation models.
Coming in Spring 2004 - Seattle University Business Plan
Competition
SU Students & Alumni compete to win $10,000
VenLogic Programs focus on coaching the candiates. Coming in March.
Program Partner:
Sponsored by:
|
|
