Doing the Deal: Term Sheet

ngel investing is high risk investing. Consequently certain safeguards are understandable and appropriate. This 3-hour advanced workshop facilitates in-depth discussions of the terms and conditions commonly used by angel investors in funding early stage ventures.

Click below for specific information about:

• Who should attend
• The day’s agenda
• How the seminar is taught
• Study materials
• Workshop License
• Contact Information

The target audience may include:

• Investors who have completed the full-day PAI seminar programs or have made five to ten angel investments.
• Service providers and other entrepreneurial support professionals who are interested in learning more about the specifics of angel investing to help prepare their clients for equity funding.

This workshop is designed to be highly interactive for an audience of up to 50 participants and deliverable in 3 hours, including a 15 minute break.  The format features an extensive PowerPoint presentation delivered by a term sheet-savvy senior angel from the host organization or a Kauffman certified lead instructor, followed by Q&A. 

After a brief break, a panel comprised of experienced angels, local experts and service providers affiliated with the local angel group (e.g. an experienced venture capitalist and an early-stage transaction attorney), will lead a discussion focused on a sample term sheet that is taken from the NVCA website, located at www.nvca.org, under Industry/Model Legal Documents. Adequate Q&A time is provided throughout the workshop.

The workshops can be self-deliverable. ACEF, which distributes the program for the Kauffman Foundation, will provide host groups with the tools necessary for local experts to deliver the workshop. Optional lead instructors can be retained by the local host organization (at their expense) from a certified list if the host organization prefers to bring in an outside expert angel to lead the workshop.

A customized workbook will be provided to each participant that includes presentation content, slides, and exercise worksheets.

The host will enter into a licensing agreement with ACEF (acting for the Kauffman Foundation). The license fee includes the provision of significant support for marketing and implementation. Optional national experts from a certified list can be retained by local host organization to serve as lead instructors, with the host organization to negotiate with the outside expert on costs for their time and travel.