Lunch & Learn: Conducting a Successful Capital Raise

May 24, 2016
May 24, 2016 12:00 PM
1:30 pm
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Raising capital can be a daunting task for an early-stage company. The seed market is the most fertile it's been in a long time, but let's face it the market is shifting. How does this change the financing game of your startup? The session discusses the key issues you need to consider to effect a successful capital raise, including:

  • How much money you should raise
  • How you approach angels (individual angels vs. angel groups)
  • Choosing among the dizzying array of financial instruments used in seed financings, including Series A preferred stock, Series Seed preferred stock, convertible notes and SAFEs
  • Affixing the right terms to these instruments
  • How to set the pre-money valuation

The presentation will be amplified with war stories from Michael’s many years as an angel investor and counseling early-stage companies. The session will be interactive, so bring your questions.
Lunch is included, please RSVP in order to attend!
About the Speaker


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.