A thorough understanding of current market practice, deal terms and conditions, transaction documents and applicable securities, regulatory and ethical issues is critical in the venture capital business. This program, designed for those seeking a secure foundation in the venture capital field, will teach you the essentials of venture capital. From examining the anatomy of a venture capital deal, to participating in a mock term sheet negotiation, to exploring key issues in follow-on financing rounds, exit strategies and securities law compliance, our expert faculty of lawyers, venture capitalists and business executives will analyze the legal and business issues you need to master to actively and successfully participate in today’s venture capital environment. You will also learn about the latest financing trends, regional differences in deal practice, and ethical issues that arise when representing start-ups and venture-backed companies.
Lecture Topics [Total time 06:33:37]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Introduction* [00:02:30]
Lizette M. Pérez-Deisboeck, Paul E. Hurdlow
- A. Positioning Your Company for Venture Capital Financing/B. Anatomy of a Venture Capital Deal [01:27:41]
Steven L. Baglio, Sarah Reed
- Term Sheet Negotiation [01:46:10]
Lizette M. Pérez-Deisboeck, Doug Bernstein, Dror Futter, Paul E. Hurdlow
- Key Issues in Follow-On Financing Rounds [01:00:37]
Ellen B. Corenswet, Jeff Stein
- Exit Strategies [01:16:23]
John J. Egan III, Paul E. Hurdlow
- Crisis Management and Tough Judgment Calls in Representing Emerging Growth Companies [01:00:16]
William B. Asher, Jr., Deirdre A. Cunnane
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- Introduction to Venture Capital Deal Terms
Sarah Reed, Steven L. Baglio
- National Venture Capital Association, 2012 NVCA Yearbook Glossary
Sarah Reed, Steven L. Baglio
- Cloud Mobile, Inc.--A Hypothetical Venture Capital Investment
Curtis L. Mo
- Key Issues in Follow-On Financing Rounds
Babak Yaghmaie
- Venture-Backed M&A Transactions--Deal Structures, Purchase Calculations and Adjustments and Employee Retention and Arrangements
John J. Egan III
- Crisis Management and Tough Judgment Calls in Representing Emerging Growth Companies
William B. Asher, Jr., Deirdre A. Cunnane
- Crisis Management and Tough Judgment Calls in Representing Emerging Growth Companies (Scenarios)
William B. Asher, Jr., Deirdre A. Cunnane
- Venture Capital Deal Terms (PowerPoint Slides)
Sarah Reed, Steven L. Baglio
- A Hypothetical Venture Capital Investment (PowerPoint Slides)
Curtis L. Mo
- Index to Venture Capital 2013
Presentation Material
- A. Positioning Your Company for Venture Capital Financing/B. Anatomy of a Venture Capital Deal
Steven L. Baglio, Sarah Reed
- A. Positioning Your Company for Venture Capital Financing B. Anatomy of a Venture Capital Deal
Steven L. Baglio, Sarah Reed
- Term Sheet Negotiation
Paul E. Hurdlow
- Key Issues in Follow-On Financing Rounds
Ellen B. Corenswet, Jeff Stein
- Exit Strategies
John J. Egan III
- Exit Strategies
Paul E. Hurdlow
PLI makes every effort to accredit its On-Demand Web Programs and Segments. Please check the CLE Calculator above for CLE information specific to your state.
On-Demand Web Programs and Segments are approved in:
Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6, North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.
Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.
Minnesota approves live webcasts ONLY
Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.
*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.
1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa: The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.
3Missouri: On-demand web programs are restricted to six hours of self-study credit per year. Self-study may not be used to satisfy the ethics requirements. Self-study can not be used for carryover credit.
4New Hamphsire: The approval is for three years from recorded date.
5New Mexico: On-Demand web programs are restricted to 4.0 self-study credits per year.
6New York: Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
7North Carolina: A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs.
8Ohio: To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
9Oklahoma: Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.
10Pennsylvania: PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
11Rhode Island: Audio Only On-Demand Web Programs are not approved for credit. On-Demand Web Programs must have an audio and video component.
12Tennessee: The approval is for the calendar year in which the live program was presented.
13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
14Wisconsin: Ethics credit is not allowed. The ethics portion of the program will be approved for general credit. There is a 10 credit limit for on-demand web programs during every 2-year reporting period. Does not approve of Audio-only On-Demand Webcasts.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.