Tech Coast Venture Network Teaches Entrepreneurs How to Calculate Pre-Money Valuation
Irvine, CA, October 22, 2008 --(PR.com)-- Tech Coast Venture Network’s October Forum will present a panel of experienced seed and angel investors who will discuss what is arguably the most contentious issue for entrepreneurs -- the "pre-money" valuation, that is, the value of the enterprise before the sought-after investment. The Tech Coast Venture Network’s forum will be at the Conference Center of Knobe Martens Olson & Bear LLP in Irvine, Calif. on October 23, 2008 from 6:00 to 9:00 PM.
According to Bart Greenberg, TCVN chairman and partner at Manatt, Phelps & Phillips, LLP, the program will address the effect of the pre-money valuation and why is it such a difficult issue; the criteria that angel investors and VCs use to determine the pre-money valuation at which they will invest; whether the issue should be of equal importance to the entrepreneur and the investors; and strategies for overcoming differences and making the investment process a "win-win" proposition.
Discussing this issue from their different perspectives and trying to answer audience questions will be a panel of experienced seed, angel and venture capital investors. “It is a great opportunity for both investors and entrepreneurs to learn more about the many different approaches to valuation and whether there are any general rules that can apply to the valuation process,” Greenberg noted.
Panel speakers include Bill Collins of Starboard Venture Partners and Andy Wilson of Momentum Venture Partners. Bill Collins is a managing director of Starboard Venture Partners and past president of the Tech Coast Angels in LA. Starboard Venture Partners is a seed to early stage fund based in Santa Monica, California. He serves in multiple boards of director and advisory roles. He is a certified corporate director and a guest lecturer at Cal Tech, USC, UCLA and LARTA.
Andy Wilson is a managing director and founder of Momentum Venture Management. Momentum Venture Management helps early-stage companies achieve early business results and develop credibility in order to attract funding and transform their ideas, technologies and products into sustainable, successful businesses. In order to facilitate this process, Momentum maintains the Momentum Bridge & Opportunity Fund, which provides infusions of capital to early-stage companies with whom it is actively engaged. Prior to founding Momentum Venture Management, he served as senior vice president of Global Product Management and general manager of new ventures at Overture Services, a Pasadena-based advertising services and marketing company that was acquired by Yahoo! for $1.7 billion.
The panel moderator is Stephen A. Block, a member of the Tech Coast Angels, Southern California’s largest angel investing group. He is a vice president and serves on the executive committee of the Orange County Network, and recently completed a two-year term as its representative to the TCA Board of Governors. Mr. Block is also a partner in Venture Farm, LLC, which provides early stage venture capital to entrepreneurs and works closely with them to help them grow and get larger VC funding. He is also a mentor to entrepreneurs, a speaker at many business conferences on angel and VC investing, and a judge of various business plan competitions, including those at the University Of Southern California Marshall School Of Business and the University of California at Irvine Paul Merage School of Business.
Admission for the TCVN Forum is $45 for registration through October 22, and $55 at the door. For further information, contact Tech Coast Venture Network via e-mail at exdirector@tcvn.org or on the Web at http://www.tcvn.org.
TCVN Platinum Sponsors include The Bloomfield Group (http://www.bloomfieldgroup.com), Daly-Swartz PR (http://www.dsprel.com); Hall & Company (http://www.hallcpas.com), Jackson DeMarco Tidus Peckenpaugh (http://www.jdtplaw.com); Knobbe Martens Olson & Bear, LLP (http://www.kmob.com); Manatt, Phelps & Phillips, LLP (http://www.manatt.com), and Rhino Web Group (http:// www.rhinowebgroup.com).
TCVN is a not-for-profit corporation dedicated to assisting, educating and connecting entrepreneurs and emerging companies with capital and resources. TCVN has been directly or indirectly responsible for the establishment and growth of a significant number of early-stage businesses.
###
Contact:
Daly-Swartz PR for TCVN
Jeffrey Swartz, 949-470-0075
jeffreyswartz@dsprel.com
According to Bart Greenberg, TCVN chairman and partner at Manatt, Phelps & Phillips, LLP, the program will address the effect of the pre-money valuation and why is it such a difficult issue; the criteria that angel investors and VCs use to determine the pre-money valuation at which they will invest; whether the issue should be of equal importance to the entrepreneur and the investors; and strategies for overcoming differences and making the investment process a "win-win" proposition.
Discussing this issue from their different perspectives and trying to answer audience questions will be a panel of experienced seed, angel and venture capital investors. “It is a great opportunity for both investors and entrepreneurs to learn more about the many different approaches to valuation and whether there are any general rules that can apply to the valuation process,” Greenberg noted.
Panel speakers include Bill Collins of Starboard Venture Partners and Andy Wilson of Momentum Venture Partners. Bill Collins is a managing director of Starboard Venture Partners and past president of the Tech Coast Angels in LA. Starboard Venture Partners is a seed to early stage fund based in Santa Monica, California. He serves in multiple boards of director and advisory roles. He is a certified corporate director and a guest lecturer at Cal Tech, USC, UCLA and LARTA.
Andy Wilson is a managing director and founder of Momentum Venture Management. Momentum Venture Management helps early-stage companies achieve early business results and develop credibility in order to attract funding and transform their ideas, technologies and products into sustainable, successful businesses. In order to facilitate this process, Momentum maintains the Momentum Bridge & Opportunity Fund, which provides infusions of capital to early-stage companies with whom it is actively engaged. Prior to founding Momentum Venture Management, he served as senior vice president of Global Product Management and general manager of new ventures at Overture Services, a Pasadena-based advertising services and marketing company that was acquired by Yahoo! for $1.7 billion.
The panel moderator is Stephen A. Block, a member of the Tech Coast Angels, Southern California’s largest angel investing group. He is a vice president and serves on the executive committee of the Orange County Network, and recently completed a two-year term as its representative to the TCA Board of Governors. Mr. Block is also a partner in Venture Farm, LLC, which provides early stage venture capital to entrepreneurs and works closely with them to help them grow and get larger VC funding. He is also a mentor to entrepreneurs, a speaker at many business conferences on angel and VC investing, and a judge of various business plan competitions, including those at the University Of Southern California Marshall School Of Business and the University of California at Irvine Paul Merage School of Business.
Admission for the TCVN Forum is $45 for registration through October 22, and $55 at the door. For further information, contact Tech Coast Venture Network via e-mail at exdirector@tcvn.org or on the Web at http://www.tcvn.org.
TCVN Platinum Sponsors include The Bloomfield Group (http://www.bloomfieldgroup.com), Daly-Swartz PR (http://www.dsprel.com); Hall & Company (http://www.hallcpas.com), Jackson DeMarco Tidus Peckenpaugh (http://www.jdtplaw.com); Knobbe Martens Olson & Bear, LLP (http://www.kmob.com); Manatt, Phelps & Phillips, LLP (http://www.manatt.com), and Rhino Web Group (http:// www.rhinowebgroup.com).
TCVN is a not-for-profit corporation dedicated to assisting, educating and connecting entrepreneurs and emerging companies with capital and resources. TCVN has been directly or indirectly responsible for the establishment and growth of a significant number of early-stage businesses.
###
Contact:
Daly-Swartz PR for TCVN
Jeffrey Swartz, 949-470-0075
jeffreyswartz@dsprel.com
Contact
Tech Coast Venture Network
Jeffrey Swartz
949-470-0075
tcvn.org
Jeffrey Swartz
949-470-0075
tcvn.org
Contact
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