OpenUp: Is This Investable?
Raising capital in exchange for equity or future equity is certainly tricky. There are many factors that investors consider when offering capital in exchange for ownership of your company.
First, the investor wants to make a significant return on the amount of capital that they are providing – implying that there will be an ownership exiting event in the future.
Second, the investor will be evaluating you, your company, your innovation, and your go-to-market plan to see if your plan makes sense and has a decent opportunity to succeed.
Third, the investor will likely compare your investment opportunity to others, so you should be well aware of how your business is performing compared to other similar companies.
Fourth, the investor will be collecting your information and risk and reward factors and evaluating the short and long-term capital needs and their ability to properly support your company.
This OpenUp workshop will be asking you to answer questions about your business, its history and path, and your investment plans to see how likely your company is for closing funding. The intention of this program is to help inexperienced founders understand the investor’s mindset and to help you prepare for capital raising.
Participants will be asked a series of questions pertaining to these decision points that are commonly asked by pre-seed or angel investors. This workshop does not cover everything but does help prepare for your first investment raise.
WHO SHOULD ATTEND
First-time entrepreneurs who are considering raising capital in exchange for equity.
DATE, TIME, TICKET PRICE:
Monday, September 27, 2021
12 – 1pm MDT
$0 to attend
Meet The Experts:
Tara Spalding, Managing Director at BoomStartUp
Tara Spalding is Managing Director of BoomStartup Accelerator. BoomStartup is an accelerator and mentorship-driven angel-stage investment program for startups. It operates as an online technology-driven accelerator, providing entrepreneurs a custom business plan including business maturity guidance, investment preparation, and capital structuring relevant to growth, and investment strategies as well as a curated marketplace for services.
Andy Jorgensen, CRO Mindstream Analytics, Principal Lighthouse Investments, BoomStartUp Mentor.
Andy Jorgensen is a seasoned BoomStartup mentor and investor. He is the CRO at Mindstream Analytics and is the Principal at Lighthouse Investments. He is on the executive committee of SLC Angels. Andy is on the board for Ogden’s Own Distillery.
Robert Bell, Venture Partner at Ideaship, Lead Organizer for 1 Million Cups Salt Lake City.
Robert has coached 100s of founders, startups, and executives all along the stages of their journey, from napkin sketches to companies doing $5B in annual revenue. I have been a founder, co-founder, adviser, partner, coach, consultant, and investor and I have been able to use my background in entrepreneurship, management, and engineering to bring a transparent and direct results-oriented approach to starting and growing companies. Robert is a Venture Partner at Ideaship, and is the lead organizer for 1 Million Cups Salt Lake City.