Lunch & Learn: Startup Venture Finance: Selecting the Right Instrument and Financing Terms

Unfortunately, it happens far too often that entrepreneurs fail to raise capital because of their lack of understanding of today’s market for early-stage capital.
Attorney, angel investor and villager Michael Horten of Horten CC will fill this knowledge gap by discussing the key business, finance and legal issues an entrepreneur needs to know to conduct a successful capital raise. The presentation will be amplified with war stories from Michael’s many years of working with and investing in early-stage companies. Michael’s talk will help you:

• select among the numerous types financing options available to startups
• avoid the convertible note minefields
• understand the key terms in a Series A preferred stock offering
• set the company’s valuation
• understand the new stripped-down preferred stock financings, such as SAFE and KISS

The session will be highly interactive. If you have lingering questions about raising capital “Startup Venture Finance: Selecting the Right Instrument and Financing Terms, this is your chance to get some answers. No topic is off-limits, so come armed with your questions!
RSVP Here!
Michael’s talk will help you:

• Conduct an effective investor approach
• Understand today’s investment terms
• Determine whether your are getting the right terms
• Help you set the company’s valuation
• Make sure you don’t run afoul of the securities laws

Lunch is included, please RSVP in order to attend!
About the Instructor

Michael Horten

Horten CC
Michael Horten is a US and European educated lawyer with over 40 years’ experience as a practicing attorney. Mr. Horten began his legal career with Sullivan & Cromwell in New York and Paris. He then spent 25 years with King & Spalding in Atlanta. At the end of 1999, he retired from the King & Spalding partnership to launch Horten CC, a virtual law firm that focuses on the needs of entrepreneurial growth companies.
Horten CC employs a non-traditional practice model that is based on two key philosophical underpinnings: First, Mr. Horten founded the firm on the premise that top-rate legal services do not have to be bundled with the "marble" and "mahogany" environment that typically is associated with those services. The firm has no central offices, no paper files and it uses the latest technology to create efficiencies. As a result, the firm’s fees are considerably lower than those charged by firms of comparable ability and quality. Second, Horten CC bills its clients for the value delivered and not for the time spent by the attorney. The firm does not keep track of every "six minutes," as is the norm in most law firms. The firm believes that its clients purchase its lawyers’ skill, not their time. The firm’s work is typically performed for a fixed fee.