Where:
Nutter, McClennen & Fish, LLP
155 Seaport Blvd
Boston, MA 02210
Admission:
FREE
Categories:
Business, Lectures & Conferences, Tech
Event website:
http://thecapitalnetwork.org/events/build-a-cap-table-and-understand-the-dilution-impact-of-early-stage-investment-3-2/
The Capital Network Presents:
In today’s difficult investment climate, entrepreneurs should have a clear understanding of the impact of proposed financing – before they talk to investors. This session will both explain terms and show you the exact numerical consequences of these difficult negotiating points:
pre-money
fully diluted equity
option pool
percentage ownership
weighted average anti-dilution
full ratchet anti-dilution
per share price
During the workshop, you will also learn how to build your own capitalization table in a simple, but powerful spreadsheet. So make sure you BYOL – Bring your own laptop
Once you have your basic cap table built, we will discuss in detail how to use this tool to understand the dilutive impact of various investment decisions such as:
stock options
restricted stock
early stage angel or venture capital investment
down-rounds
anti-dilution provisions
and more…