Venture Startup & Financing SIG: Friends & Family, Seed and Angel Funding – How to Do It Right and Avoiding Pitfalls in 2014



  • Friends & Family, Seed and Angel Funding – How to Do It Right and Avoiding Pitfalls in 2014

    Traditional VC funds actually only fund a small number of ventures in Silicon Valley – most money comes from those you know, angel groups and growing group of seed VC funds.  Come listen to CEOs and representatives of angel groups and the newer class of early stage fund talk about their process, what it takes to make it through the keyhole and how to increase your chances of success as you are building to that first round point in the life of your venture.
    Sample topics to be covered include:

    ·         5 Key Points All Angels Care About for the Potential Investment
    ·         Valuing the entity, what norms are there
    ·         What capital structures to early investors want to see for founders/team
    ·         Types of deals being used now – Series Seed, Note & Warrant, Note with Discounts/Caps etc
    ·         Land Mines to Avoid and How Not to Lay them For Future Rounds
    ·         My Deal is not VC fundable – What Should I Do?

    Moderated by Tom Cervantez, VC Lawyer with, Co-Founder Harvard Angels and Venture Partner (Operations) for Accelerator Ventures
    Tom is a founder of, a boutique law firm in SF focused on startups, angels and take-outs.     Bizlaw works with CEO’s to implement legal strategies on contracts and funding deals that help new ventures succeed.    Tom also is an active investor and Co-Founder of the Harvard Angels, the HBS global angel investment group.    Tom also works with Accelerator Ventures in San Francisco and New York, running deal structures and operational matters for the fund.

    About Our Speakers: 

    Paula Groves, ACSBDC Business Services Director
    As of April 2013, Paula Groves has taken over as the Services Director for the Alameda County SBDC center. Prior to this role, Ms. Groves served as the Lead Business Advisor for the Alameda County SBDC. Paula  has over 15 years of private equity and investment experience and has helped generate over $85 million in returns to investors.  Her experience includes working with start-up companies, firms interested in acquisition strategies and businesses seeking growth and buy-out financing. Having appeared on CNNfn and The Money Gang, she frequently speaks about private equity.  In addition, Ms. Groves has worked with Leo Burnett advertising agency, and Twentieth Century Fox Film.  She has also served as board member for several for profit and nonprofit organizations.

    James Lee - Business Counsel Law Group (BCLG)
    James is a co-founding partner of BCLG. His practice includes representation of corporations and other business entities in a variety of business transactions, such mergers and acquisitions, venture financings and other private offerings of equity and debt, formation of corporations and limited liability companies, project finance and various other general commercial transactions. James has significant experience representing and counseling energy, technology and clean-tech companies and serves as general counsel to many of his clients. James also has experience in real estate acquisitions and leases. James received his BA from UCLA and his JD from Hastings College of Law. James can be reached at [email protected].


    6:30 - 7:00 pm  Registration and Networking

    7:00 - 8:30 pm Presentation