The Promissory Nature Of The Forecast

Topics

• 1
  Chapter 1 - What Is All The Talk About?
  • 1 .1
    What Is Venture Capital?
  • 1 .2
    How Venture Capitalists Talk
  • 1 .3
    Should You Start Your Own Company?
  • 1 .4
    You Can Make It ... Will Someone Buy It?
  • 1 .5
    What are My Exit Options as a Public Benefit Corporation?
• 2
  Chapter 2 - Where Should I Look for Seed Capital?
  • 2 .1
    Angel Networks: Frequently Asked Questions
  • 2 .2
    Angel Investors
  • 2 .3
    Venture Capital Firms: East Coast vs. West Coast
  • 2 .4
    State Aid
  • 2 .5
    Federal Grants And Loans
  • 2 .6
    Commercial Banks
  • 2 .7
    Placement Agents
  • 2 .8
    Venture-Capital Clubs
  • 2 .9
    Concept IPOs
  • 2 .10
    Three Basic Rules: Dilution, Dilution, Dilution
  • 2 .11
    Who's Who of Angels
  • 2 .12
    Multiple-Round Strategy
  • 2 .13
    Case Study In Finding Money: A Reality Check
• 3
  Chapter 3 - Valuing the Privately Held Business
  • 3 .1
    Valuation And Pricing
  • 3 .2
    Portfolio Management
  • 3 .3
    Unconventional Comparables
  • 3 .4
    When In Doubt on Pre-Money Valuation, Smart Guys Procrastinate
  • 3 .5
    The Three Basic Letters - IRR
• 4
  Chapter 4 - What Legal Form Works Best For You - Selecting The Form Of The Organization
  • 4 .1
    S Corporations
  • 4 .2
    Limited Liability Companies (LLCs)
  • 4 .3
    Corporation Versus Limited Liability Company
• 5
  Chapter 5 - What Will My Corporation Look Like - Corporate Bylaws, Charters, And Other Legalities
  • 5 .1
    Corporate Charter
  • 5 .2
    Payment For Stock
  • 5 .3
    Statement of Purpose
  • 5 .4
    Miscellaneous Charter Provisions
  • 5 .5
    Restrictions On Transfer in the Facebook Age
  • 5 .6
    Preferred Stock Provisions
  • 5 .7
    Preemptive Rights
  • 5 .8
    Bylaws
  • 5 .9
    Other Organizational Documents
  • 5 .10
    State Of Corporate Domicile: Delaware Or Somewhere Else?
• 6
  Chapter 6 - Tax Discussion For The Non-Lawyer - Minimizing Taxes In The Early Stages
  • 6 .1
    What is a Section 351(a) Tax-Free Exchange?
  • 6 .2
    Cheap Stock To Employees And Promoters: The Eat-'Em-All-Up Preferred Stock Approach
  • 6 .3
    Stock For Services: The Passage of Time Approach
  • 6 .4
    Section 83 and Stock Subject To Vesting
  • 6 .5
    Sections 1202 and 1045
• 7
  Chapter 7 - Drafting the Business Plan and the Placement Memo - Avoidance of Liability For Misstatements or Omissions
  • 7 .1
    Risk Factors
  • 7 .2
    The Business Plan And Private Placement Memo
  • 7 .3
    Business Plan
  • 7 .4
    What Not To Say in a Business Plan
  • 7 .5
    Management
  • 7 .6
    The Marketing Section
  • 7 .7
    The Bull's-Eye Theory Of Forecasting: Shoot High
  • 7 .8
    The Promissory Nature Of The Forecast
  • 7 .9
    Composite Table of Contents of Business Plan
• 8
  Chapter 8 - Investor's Terms - The Venture Capital Term Sheet
  • 8 .1
    What Will VC's Want For A Security: Common Stock? Preferred Stock? Debt? Warrants?
  • 8 .2
    Common Stock
  • 8 .3
    Warrants
  • 8 .4
    Preferred Stock
  • 8 .5
    Participating Preferred
  • 8 .6
    Antidilution Protection For Investors
  • 8 .7
    Who Controls the Startup: Me Or Them?
  • 8 .8
    Note On Registration Rights
• 9
  Chapter 9 - I Have A Letter of Intent: What's In The Contract?
  • 9 .1
    Stockholders (Investor Rights) Agreement
• 10
  Chapter 10 - Selling Stock, Privately... And Legally
  • 10 .1
    If Regulation D Is Not Available?
• 11
  Chapter 11 - Compensating Your Key Executives - The "Carrot" Approach: Equity Incentives
  • 11 .1
    Stock Options
  • 11 .2
    Incentive Stock Options (ISOs)
  • 11 .3
    Nonqualified Stock Options (NSOs)
  • 11 .4
    Restricted Stock: Grossing Up
  • 11 .5
    Miscellaneous Items
  • 11 .6
    The Carrot-And-Stick Approach: The Employment Agreement
  • 11 .7
    Restrictions On Post-Employment Behavior: Noncompetition, Nondisclosure, And Work-For-Hire
• 12
  Chapter 12 - How To Go To The Promised Land - Whether Or Not To Go Public
  • 12 .1
    Preparation For The Public Offering
  • 12 .2
    Liability
  • 12 .3
    Lock Ups And Other Obstacles To Liquidity
• 13
  Chapter 13 - Financing with Strategic Investors: Joint Ventures - Negotiating Strategic Partnerships
  • 13 .1
    Typical Business Contexts
  • 13 .2
    Basic Negotiation Points
  • 13 .3
    The Duty Of Candor
  • 13 .4
    Corporate Opportunity And Self-Dealing