If you are looking to build a successful, fundable startup that is based on a sound financial model, and is ready to be pitched to investors in Silicon Valley, you won’t want to miss this in-person workshop March 22, 2023, in Procopio’s new Silicon Valley office at 5 Palo Alto Square.

This is the first workshop in a series of 3 sessions for startup founders, startup executives, entrepreneurs, innovators and developers.

Materials

A comprehensive 50-page workbook with an actionable step-by-step guide.

Curriculum

Besides building and selling a product, entrepreneurs need to worry about many other things:

• How to form a company
• How to hire the right people
• How to compensate the team
• How to split the pie with the cofounders and team members
• How much equity to give investors and at what valuation
• How to raise money and under what terms
• And many more

Often times these issues seem overwhelming, and traps for the unwary or uninformed are numerous.

However, successfully avoiding the most common pitfalls can make a significant difference:

• as to whether or not your startup is fundable
• the sources and types of capital that you will attract
• who controls the company
• how much you will make upon exit
• and your startup’s overall likelihood of success.

In this first segment of the Startup Fundamentals series, Roger Rappoport, a partner and leader of Procopio’s Emerging Growth & Venture Capital practice, will conduct an interactive, informative session with great take away materials and actionable items.

Startup issues that will be covered in this workshop (among others): choices in entity selection; creating an appropriate capitalization table; co-founders vs early employees (should they be treated differently?); appropriate allocations of founders’ stock (including Series FF Preferred Stock) between founders and vesting; repurchase rights and rights of first refusal determining if and when it is appropriate to obtain proxies from co-founders/early employees stock allocation for employees, consultants, board and advisory board members; the perils of Section 409A under the Internal Revenue Code when granting options when milestone based vesting, as opposed to time based vesting, is appropriate the assignment of intellectual property,;and ensuring that all IP created belongs to the company executing employment/consulting agreements and the value of developing an intellectual property strategy early on.

Agenda

All times Pacific

5:00 – 6:00 pm – Dinner and Networking

6:00 – 7:30 pm – Startup workshop Part A

7:30 – 7:45 pm – Intermission

7:45 – 8:45 pm – Startup workshop Part B

8:45 – 9:00 pm – Audience Q & A