SVASE StartUp-U SV: Angels vs VC's: Co-Sponsored by HBS Angels with Chris Yeh (PBWorks), Bill Tai (CRV), Eric Chin (Crosslink) and Sean Jacobsohn (Cornerstone). Moderated by Sajjad Masud
Start: 04/26/2011 - 11:45 am
End: 04/26/2011- 1:30 pm
Contact: Dan Grosh Email: [email protected]
5 Palo Alto Square, 1st Floor Conference Room,
3000 El Camino Real, Palo Alto, 94306
Co-Sponsored by HBS Angels:
As a first time entrepreneur – or maybe even a seasoned veteran! - How do you decide which is best for you, between angel & VC money?
While on the whole most angels and VCs are smart and successful people, who want their portfolio companies to be wildly successful, there are significant differences in the way they approach potential investments. A clear understanding of the similarities & differences between individual angels, angel groups and VC firms is critical to a successful funding strategy.
In a lively and interactive discussion, our panel of seasoned investors will explore the following:
* What are the metrics for individual angels vs. angel groups vs. VC firms? How much are they looking to invest, at what stage, over what period of time, for how much equity & how much return at the exit?
* Does anyone actually invest at the seed stage – that is, just an idea on paper anymore? If so, what does my seed stage deal have to look like to be attractive to investors?
* I’m further down the road; I’ve built a prototype/beta of my widget/web site, but don’t have any customers/users yet. Is this fundable, who would be most interested if I need less than $1M or more than $5M to start marketing? How much equity would I typically trade for this?
* I’m further down the road; I have a small number of paying customers/visitors, so I’ve validated the business model & customer demand. I now need expansion funding. Who would be most interested if I need less than $1M or more than $5M? How much equity would I typically trade for this?
* What else can the individual angel, angel group or VC firm provide besides the funding?
The panel - see below for bios:
Eric Chin, Partner, Crosslink Capital www.crosslinkcapital.com
Chris Yeh, Angel Investor, VP Marketing, PBworks www.pbworks.com
Bill Tai, Partner, Charles River Ventures, www.crv.com
Sean Jacobsohn, VP& Channel Marketing, Cornerstone OnDemand, www.cornerstoneondemand.com
Please bring your questions for a lively interactive discussion.
When: Tuesday, April 26
* 11:45-12:00 Registration, Networking and Food
* 12:00-12:15 SVASE/Startup-U Overview, Introductions, Speaker Intro
* 12:15-1:15 Speaker Presentation & Interactive Q&A
* 1:15-1:30 Networking with the presenters!
Location: Mintz Levin, 5 Palo Alto Square, 1 Floor Conference Room, 3000 El Camino Real, Palo Alto, CA 94306
Pre-registration closes at 9 AM the day of the event. Please note topics are subject to change without notice
Added by svaseinfo on March 10, 2011