Negotiating and Harmonizing Term Sheets

Angel Capital Association Webinar Series

April 28, 2010: Negotiating and Harmonizing Term Sheets for Syndication

Registration: Click here to register

Syndicating deals to other angel groups is a growing trend in the US, particularly in a challenging economic environment where Venture Capital is scarce. With valuations trending down, there is a real need for harmonizing term sheets for a syndicated deal, particularly if the angel group syndicating their portfolio company is looking for a third party valuation.

This Webinar is a presentation and discussion of what the key terms are for any deal, and in particular, a set of suggestions and ideas for bringing multiple angel groups to support a harmonized term sheet that takes into account the market conditions as well as existing and new investor covenants.

Four experienced angels and angel group leaders from across the US will describe their experiences, provide sample term sheets, and answer questions from participants who want to syndicate a deal with fair terms for all parties.

DISCUSSANTS:

• Frank Peters - Member and Former Chairman, Tech Coast Angels (California)
• James Geshwiler - Managing Director, Common Angels (Massachusetts)
• Michael Gruber - Managing Director, Cornerstone Angels (Illinois)
• Katherine O'Neill - Managing Director, JumpStart New Jersey Angels (New Jersey)

DATE: April 28, 2010

TIME: 3:00 - 4:00 EST

COST: ACA Members - $30 per Webinar, package price available
Non-ACA Members - $50 per Webinar, package price available

REGISTRATION: Click here to register

DELIVERY: This Webinar will be on a Java platform and use VOIP for delivery meaning that you will need speakers on your computer to listen to the program. Questions may be asked via text on the Webinar platform. Meeting details including Webinar access information will be sent to registrants closer to the Webinars.

Harmonizing Term Sheets for Syndication is the second in a four-part series on syndication. Please plan to join us for the other Syndication Webinars in the series:

• March 3, 2010 - Syndication Basics - Why, How, and When
  
• April 28, 2010 - Harmonizing Term Sheets for Syndication
  
• May 26, 2010 - Conducting and Sharing Due Diligence for Syndication
  
• June 23, 2010 - Case Studies in Syndication Deals - Lessons Learned

ACA Syndication Webinars are held from 3:00 to 4:00 EST.