This course focuses on documenting a preferred stock financing as one of the more common forms of early-stage financing.
The course provides a comprehensive overview of the process of drafting and negotiating a Series Seed or Series A financing for start-ups. Participants will learn the key terms and provisions typically included in a series A term sheet and how to negotiate these terms both from the perspective of the start-up and the venture capital investors. Topics covered will include company valuation, equity distribution, investor rights, liquidation preferences, and corporate governance.
Participants will also be introduced to the NVCA standard deal documentation and how they are used to give effect to the negotiated terms, including investor rights agreements, co-sale agreements, amended and restated certificates of incorporation, and voting agreements.
The course will also touch on the due diligence process, term sheets, and other related topics.
Finally, the course will highlight the relevant securities laws and compliance issues as they relate to the various financing types.