OpenUp: Introduction to SPVs
Raising equity-based capital is a very complex and laborious process. Not only are startups responsible for closing investments, but they are also responsible for maintaining the capitalization table (Cap Table), maintaining investor relations, and managing allocations and distributions when applicable.
Simplifying these aspects is often a much-regretted afterthought post-round close. In fact, according to Tech In Asia, the number two distractor to follow-on rounds is “too many small investors.” All of this could easily be avoided if the startup leveraged SPVs for their funding round before it closed.
Join this one-hour educational webinar with SPV expert Jared Snow, director at Assure, and Tara Spalding as they discuss what is an SPV and how entrepreneurs can leverage them in their fundraising efforts.
This webinar will cover
- What is an SPV and why are they helpful to founders, and what are the fees
- The pros and cons of using SPVs
- How SPVs simplify the cap table
- How to leverage SPVs to screen your prospective investors
- The SPV organizer role and how they work with startups
- BoomStartups Syndication and Administration services
WHO SHOULD ATTEND
Founders who are considering funding to further grow their business.
Tuesday, February 8, 2022
9 – 10am MST/ 11am – 12pm EST
This is a live, virtual webinar interview hosted through Zoom.
Meet The Experts
JARED SNOW, Senior Director of Business Development at Assure
Jared Snow, Senior Director of Business Development at Assure. Jared Snow has worked on new business development for early-stage companies for more than 7 years, in which time he has helped scale revenue teams averaging over 100% growth year over year. During his time at Assure, Jared has helped Assure grow at a rapid pace, helping Assure become one of the 15 fastest-growing companies in the state of Utah. Jared has directly helped over 500 Venture Capitalists fund over 3,000 deals in early-stage companies.
TARA SPALDING, Managing Director, BoomStartup
Tara Spalding is Managing Director of BoomStartup Accelerator, a subsidiary of Assure. Founded in 2011 in Salt Lake City, Utah, BoomStartup is a global, mentorship-driven, angel-stage investment preparedness program for startups. It is an online, inclusive accelerator, helping first-time founders on business maturity guidance, investment preparation, capital structuring, and investment strategies. Under Tara’s leadership, BoomStartup will engage with over 1,000 startups from across the world and across various industries in 2021 alone.
Prior to her current role, Tara founded Hen House Ventures in 2012, an early stage incubator that helps tech companies rapidly scale when entering massive markets. Supporting over 40 technology companies located throughout the US and Canada, Hen House Ventures helped startups secure over $20M in early-stage venture capital.
Tara began her tech career in Silicon Valley when she taught herself to code software and became the first employee, and eventually VP of marketing at industry leader, SugarCRM. Her experience included roles as CMO at GroundWork Open Source, VP marketing at Magnet Systems, and co-founder and CPO at BenchPick. Tara received her BS in Business Administration from University of Colorado, Boulder.