ICT KTN Online Business Essential Clinics #8: Termsheet Negotiation Skills

Event Info

Thu 28 Jun, 2012 from 6:00am - 9:00am
Pinsent Masons LLP
30 Crown Place, Earl Street
London, EC2A 4ES, UK (Map)
Cost: FREE, RSVP required

Description

Event Description

For most startups, the big issue is finding enough equity capital to get an idea off the ground and so in the early stages of a start-up entrepreneurs must often become tireless fundraisers. After pitching their idea to a host of investors, founders would seek to find a particular one with which they could work out a potential agreement and secure a termsheet. The termsheet is a concise yet highly complex document that includes a variety of protective clauses in favour of the investor. The detail of these clauses should be of particular concern to founders as a lack of care and attention can result in significantly reduced profits at the point of exit. In order to ensure a better return, founders must gain a solid understanding termsheets and develop their skills of negotiation.

This event is a workshop rather than a presentation, participants will be expected to work in groups as either founders or investors and battle it out over a case study termsheet to secure the best deal. It is generally a fun way to engage with the topic and James and his colleagues will be on hand throughout to take you through the basics, offer advice and highlight potential pitfalls.

This workshop will be presented by James Paton-Philip and Jonathan Snade of Pinsent Masons LLP.

Doors open at 6.00pm for a 6.30pm start, please arrive in good time so as not to disrupt the presentation. Drinks and snacks will be provided as we appreciate you'll probably have been working hard all day. If you have any questions relating to the series please contact Caroline Heron at carolineatmetamute [dot] org.

The Online Business Essential Clincs are delivered by Minibar in partnership with the ICT KTN

 

About the event series

The ICT KTN Online Business Essential Clinics series addresses common business issues in web and tech companies. Our presenters are successful entrepreneurs, CTOs, investors, accountants and lawyers, who are amongst the best in the UK’s web sector. To find out more about the series and RSVP to upcoming events please see here.

 

About Minibar

Minibar is London's largest tech meetup. Each month a brilliant mix of around 250 web professionals, entrepreneurs, developers, tech investors and other geeks gather at Mother in Shoreditch to chat over a few beers and listen to some short presentations on what's hot right now. To find out more about the Minibar meetups or other related events sign up now! 


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