is pleased to present
Valuation and Portfolio Strategies Workshop
April 24, 2008
9:00a.m. to 1:00 p.m.
Grouse Mountain Lodge
2 Fairway Drive
Valuation and Portfolio Strategies Workshop
Valuation of pre-revenue companies is one of the most critical issues in the angel investment process, and for angels, valuation and portfolio strategy are linked. This workshop addresses many questions:
What things should be considered when valuing a venture?
What can an angel investor do to help make angel-entrepreneur negotiations less contentious?
How can the typical disconnect that occurs between how an angel and an entrepreneur be addressed?
What rules of thumb do angels use when crafting or measuring their portfolios?
What insight into effective portfolio strategy can investors gain by exploring data from actual angel portfolios?
What is the Format?
This 5 hour workshop is highly interactive. It features a PowerPoint presentation delivered by an experienced local angel, extensive video segments presented by two experienced angel investors Bill Payne of Vegas Valley Angels and Luis Villalobos of Tech Coast Angels, hands-on exercises for applying the concepts presented in the videos, a video panel discussion, and local group discussion.
Who Should Attend?
Members of angel groups who have completed the Angel Investing Overview seminar or have made several angel investments.
Entrepreneurial support professionals, service providers, and entrepreneurs.
Audiences who are interested in learning more about establishing a pre-money valuation for seed/startup companies, the importance of the company scalability to angel investors and the critical parameters for a successful angel portfolio strategy.
Who Leads the Workshop?
The workshop will be facilitated by Bill Payne, currently a Senior Program Consultant at the Kauffman Foundation, and an active angel investor, board member, and advisor to entrepreneurs. He is an involved member of the Frontier Angel Fund, Tech Coast Angels (San Diego), Vegas Valley Angels and Aztec Venture Network. For over three decades, Bill Payne has successfully founded or invested in 37 start-up companies, including: Solid State Dielectrics, Inc. in 1971 (an electronic materials company he founded and sold to E. I. DuPont in 1982), Novacap, Inc. in 1980 (a $100 million manufacturer of ceramic capacitors now operating as a stand-alone unit within Dover Companies), Vista Staffing Solutions, Inc. in 1990 (a private $60 million company providing temporary placement of physicians), and Email Publishing in 1996 (a venture-funded company merged into DoubleClick, Inc. - DCLK: Nasdaq).
In his role (since 1995) with the Kauffman Foundation (Kansas City), he has worked on educational programs for entrepreneurs and their investors, including http://www.eVenturing.com and the Power of Angel Investing seminar series. He has also been actively engaged in the formation and startup of the Angel Capital Education Foundation and the Angel Capital Association. The Ewing Marion Kauffman Foundation of Kansas City is a private, nonpartisan foundation that works with partners to advance entrepreneurship in America and improve the education of children and youth. The Kauffman Foundation was established in the mid-1960s by the late entrepreneur and philanthropist Ewing Marion Kauffman. Information about the Kauffman Foundation is available at www.kauffman.org .
Bill graduated with BS and MS degrees in Ceramic Engineering from the University of Illinois, where he has served on the Deans Board of Visitors of the College of Engineering. All together, Bill has over 120 years of board service for private companies and not-for-profit organizations. He currently serves as advisor to several start-up companies. His eBook, the Definitive Guide to Raising Money from Angels is available on his website at http://www.billpayne.com. He and his wife Ann are residents of Henderson, Nevada.
What is the Cost?
The registration fee for this workshop is $ 75.
How Do I Register?
To register, please complete the application on the bottom of this page and fax it to 406-883-5677 or mail to: Valuation Seminar, 307 First Street West, Suite 2, Polson, Montana 59860.
Valuation and Portfolio Strategies Workshop Registration Form
Name: ______________________________________________________________________ Title: _______________________________________________________________________ Company:___________________________________________________________________ Address: ____________________________________________________________________ City: ____________________________ State: ______________ Zip: ___________________ Phone: ________________________________ Fax:_________________________________ Email:_______________________________________________________________________
_____ Registration at $_________ Make check payable to Frontier Angel Fund, LLC
For More Information Contact:
Liz Marchi
Fund Coordinator
Frontier Angel Fund, LLC
406-883-4044