Why you should attend
Silicon Valley remains one of the most active deal markets in the world today. The broad array of fast growing companies from startups to major public companies, and the constantly evolving industry sectors, has long attracted top legal, investor and investment banking talent, and produced a wide variety of transactions ranging from seed and venture capital financings to some of the largest and most high profile IPOs and M&A transactions in the world. We have assembled an “all star” faculty of Valley insiders to share their valuable insight into this leading market and how deals are done in the constantly changing technology world.
What you will learn
- The experts explore new startup company and founders’ stock structures, and the new world of startup financing
- Venture capital activity continues to climb – learn the latest on deal trends and documentation, and hear from the experts on counseling in tough transactions
- What you need to know about the JOBS Act 2012, crowdfunding, corporate venturing and secondary stock transactions
- Get the latest on IPOs – new standards; dual-class common stock; and dual track processes
- Technology M&A critical issues: case law developments; stockholder activism; private equity involvement; and special venture backed company sales considerations
Who should attend
The program is designed for in-house and outside attorneys who seek a practical overview of corporate finance, securities law and M&A business and legal issues with a particular focus on Silicon Valley.
PLI Group Discounts
Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.
Cancellations
All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.
Morning Session: 9:00 a.m. - 12:30 p.m.
9:00 Program Overview
Curtis L. Mo
9:15 The Evolving Startup World
- New company and founders’ stock structures
- Micro VCs, startup incubators and accelerators, AngelList and the new world of startup financing
- Angel and seed financing
Samuel B. Angus, Yoichiro “Yokum” Taku
10:15 Networking Break
10:30 Venture Capital Dealmaking
- Key sectors and differences in documentation
- Breaking down the NVCA model forms vs. other customary forms
- Role of venture debt
- Down rounds, washout financings and conflicts of interest
Gregory W. Heibel, Craig Jacoby, Bennett L. Yee
11:30 The New Capital Raising Landscape
- General solicitation and accredited investor verification
- JOBS Act 2012 and emerging growth companies
- Crowdfunding and crowsourcing
- Corporate venturing
- Option exercise funds
- Secondary stock sales
Curtis L. Mo, Annemarie Tierney
12:30 Lunch Break
Afternoon Session: 1:45 p.m. - 5:00 p.m.
1:45 IPO Market Developments
- Recent developments and market practices for emerging growth companies
- JOBS Act IPO On-Ramp
- Dual-class common stock and corporate governance
- Increasing prevalence of non-financial metrics
Peter M. Astiz, Alan F. Denenberg
3:00 Networking Break
3:15 Technology M&A Developments
- Case law developments to deal structuring
- Recent trends and issues in escrow and indemnity claims
- Recent developments in laws affecting the Tech M&A sector
- Stockholder activism in the technology sector
- Private equity in technology M&A
- Special considerations for venture backed company sales
Richard Capelouto, Diane Holt Frankle, Jane Ross, Steven Tonsfeldt
5:00 Adjourn
Chairperson(s)
Speaker(s)
Bennett L. Yee ~ Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP
Program Attorney(s)
John M. Mola ~ Director of California Operations, Practising Law Institute
PLI programs qualify for credit in all states that require mandatory continuing legal education for attorneys. Please be sure to check with your state and the credit calculator to the right for details.
Please check the CLE Calculator above each product description for CLE information specific to your state.
Special Note: In New York, newly admitted attorneys may receive CLE credit only for attendance at "transitional" programs during their first two years of admission to the Bar. Non-traditional course formats such as on-demand web programs or recorded items, are not acceptable for CLE credit. Experienced attorneys may choose to attend and receive CLE credit for either a transitional course or for one geared to experienced attorneys. All product types, including on-demand web programs and recorded items, are approved for experienced attorneys.
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.
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.
Credit will be granted only to the individual on record as the purchaser unless alternative arrangements (prearranged groupcast) are made in advance.