Advanced Valuation and Due Diligence
An Investor Ready ™ all day workshop for investors and entrepreneurs  

Due Diligence (what investors really want) - effective due diligence is one of the most critical steps in successful angel capital. This half day drill-down workshop takes the angel investor and entrepreneur through the key issues which will determine major risk factors and deal breakers. The workshop emphasizes what must be confirmed, the cost of confirming, and the risk of not knowing. Workshop attendees learn what it takes to validate the plan and to define and contain the risk of investment. Due Diligence interview on the American Frank Peters show.

Valuation of Early Stage Companies – getting the price right is key to funding. This half day program presents several key methodologies that many experienced angel investors have found as fundamental approaches to properly valuing early stage companies. Includes;

·       Risk Factor Summation Method

·       Venture Capital Method

·       Scorecard Method

The importance of portfolio strategies and portfolio returns in valuation is also discussed. 

When & Where: Monday September 10, 2012 - 7:30 am to 6 pm, Room 7000 on 7th floor of Simon Fraser University - Harbour Centre, 515 West Hastings St. downtown Vancouver, BC. One block from Waterfront SkyTrain station (from Airport or Region) Map of Streets / Parking and nearest hotel. 

• Do you know what investors look for in fundable deals? Learn how investors think. Being prepared for due diligence beforehand saves time and money.
• What key business functions should investors focus their due diligence on to finalize their funding decision?
• Can you determine and discuss at least 3 ways to correctly value an early stage private company? Too high a valuation may drive investors away.
• How do investors value companies, dilution impact and valuation negotiations?
• Want to network with private equity experts, investors and entrepreneurs?

Who Should Attend?

• Experienced CEOs or CFOs of fast growing companies who are seriously looking for multiple angel or VC investors.
• Individual Investors (angels and family/friends of entrepreneurs) investing in early stage companies.
• All attendees must have some understanding of equity venture capital such as knowing the difference between debt, common and preferred shares.
• Want to present at the Angel Forum? This Investor Ready workshop is almost mandatory for pre-revenue companies

Feedback Comments from Sept 2012 workshop:

·       Excellent presenters, materials and discussions

·       Translated the key aspects of Angel Investing into useful tools that can be applied

·       Day well spent to understand investor thinking around due diligence and valuation

·       Invaluable before investing or seeking investors. Should be taught at UBC B.Com

·       Excellent workshop – practical & relevant information, liked the real life examples.

·       Definitely worth attending at least once.

·       Lots of useful information and networking opportunities

·       Critical info prior to considering any investment

Content and Format: This real world workshop (not introductory or academic) was designed for investors only, by the US Angel Capital Association with content provided by angel experts. It is designed to be highly interactive for an audience of 40+ participants and features extensive live PowerPoint presentations followed by Q&A, small group breakout case studies and panels of local investor experts. The workshop has numerous breaks for networking between investors, entrepreneurs and the faculty. This is not an introductory seminar or an academic course, but a real life workshop that usually is offered only to investors, not to entrepreneurs. This is the advanced in-depth follow-on workshop from introductory Angel Capital Overview May 2012 workshop.

See draft agenda

"The Due Diligence workshop was a really great session. The speakers and panelists clearly knew their stuff. The workbook materials will be a valuable resource. The attendees were an interesting group."  Joseph Bowes, Angus Mgmt

"Due Diligence workshop was excellent.  Great opportunity to share thoughts and ideas and also provided great networking value.  The panel discussion was superb—both candid and informative". Debra Farquharson,

"Due Diligence workshop was a very informative session and I will certainly recommend it in the future." Carla Culos, Renewal2 Investment Fund

"That was an excellent Due Diligence workshop  – quality presentation, top-notch speakers, knowledge and qualified audience. Very glad I was able to attend. Excellent value"  Simon Blyth, Spark Integration Technologies

Who is the Faculty for this workshop? This workshop features experts in high growth ventures and early stage investing opportunities, including seasoned angel investors with diverse investment experience, tax and legal experts, and angel-financed entrepreneurs.

This workshop will be led by Bill Payne, active Angel Investor. US Angel Investor of 2009, board member, and advisor to entrepreneurs. He assisted in founding four angel groups: Tech Coast Angels (San Diego), Vegas Valley Angels, Frontier Angel Fund and Aztec Venture Network. For over three decades, Bill Payne has successfully founded or invested in 50+ start-up companies, including: Solid State Dielectrics, Inc. in 1971 (an electronic materials company he founded and sold to E. I. DuPont), 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).

Bill has also been actively engaged in the formation and startup of the US Angel Capital Association and has delivered workshops to more than 100 audiences.  In 2009, Bill was awarded the Hans Severiens Award by the Angel Capital Association in recognition for his long service to entrepreneurs and angels. 

Top quality local Panelists are: Andrew Lugsdin – BDC Venture Capital – Vancouver,  Mike Edwards, Angel & Director of GrowLab Accelerator, Vancouver, Basil Peters, Angel & M&A advisor - Vancouver and Steven Lukas, business lawyer of Fasken Martineau, Vancouver.

Workshop book for each attendee: A 200+ page customized workbook has been developed with copies of all presentations, substantial background reading materials, a comprehensive glossary, bios on each faculty member and a profile of each sponsor.

Bring a Friend - This workshop would be ideal for a fellow investor or a member of your management team or your spouse / partner. Their fee is approx 10% lower per additional person on same registration.

Networking - Elevator Pitches: Attendees can at their option, participate in the Elevator Pitch contest and deliver a 20 second "infomercial" that describes their business and funding needs to attending investors.  This is great for networking among attendees during during breaks. This workshop is offered in a "protected environment", without solicitations from service providers (except sponsors & speakers) and entrepreneurs and everyone is asked to immediately refer any solicitations of any kind to the host.

What is the Cost to Attend This Workshop?   The fee for this full-day workshop includes a 200+ page workshop manual, coffee and muffins at check-in, mid morning coffee; sandwich lunch and mid afternoon refreshments. Space is limited as these workshops always sell out. Bring a friend at ~ $10% savings. Workshop is now full – if you would like to be on the wait list for cancellations, email Bob@Angelforum.org     registration

Registration Fee - Tax Deductible  (per person)  plus HST, in Canadian dollars.			Late Registrations after August 24 2012
Investor Registrant			$345
Company Registrant			$345
Advisor Registrant			$345
Bring a friend their fee is  approx 10% lower per additional  person on same registration.			$310

Registration: Use the Due Diligence and Valuation workshop link after clicking here.  Please do not exit until you have paid.

To amend your registration: use the password emailed to you from system-manager when you first registered to Log in here. Then return to this workshop page and click here to amend your registration using the edit button.

Questions: please contact Bob Chaworth-Musters  by email  
 

Important to Workshop Attendees:

• Bring a friend - For extra people on the same registration, their fee is approx 10% lower per person.  
• Seating is limited and is on a first completed registration basis and there is no on-site registration.
• Only VISA and MasterCard credit cards are accepted to reserve a seat (no Cheques).
• If payment online is not completed, a seat will not be reserved and your registration will be void.  
• No refunds within 60 days of the event date, but another person may attend in your place.
• Registrants who fail to attend will not receive a refund or credit.
• A 200+ page book of the PowerPoint presentations and Articles included for note taking  
• Coffee/tea available early and mid morning with cold drinks at mid afternoon. Lunch is included  
• Your registration and payment will be receipted via e-mail from system-mail@confmanager.com.   
• You will receive by e-mail further details approx. 1 week before the Workshop date.

The Angel Forum was founded in 1997 by Bob Chaworth-Musters and to date has held 31 Angel Forums in Vancouver. See the National Post's "The Affluent" survey Feb 13, 2001.  He is a Founding member of Canada's National Angel Organization.      Fax: 604-926-7327    All materials on this website including "Angel Forum" and "Investor Ready" are trademarked and copyrighted with all rights reserved 1997-2012. Site updated May 30, 2012.