How to Properly Structure your Seed Financing

How to Properly Structure your Seed Financing. Michael Horten, Horten CC

2:00-3:30 PM on September 25, 2018

The recent proliferation of investment vehicles available to early-stage companies has greatly increased the complexity of raising capital. The workshop will review the basics of some of the most popular investment vehicles and teach you how to properly structure your seed financing. You will learn how to:

  • Choose among the dizzying array of financial instruments used in today’s seed financings, including traditional preferred stock, stripped-down preferred stock, convertible promissory notes and SAFE notes
  • Negotiate the right terms to these instruments
  • Set the pre-money valuation

The presentation will be amplified with war stories from Michael’s many years as an angel investor and counseling early-stage companies. The session will be interactive, so bring your questions.

Michael Horten is a US and European educated lawyer with over 40 years’ experience, including 25 years with King & Spalding. Horten CC is a law firm specializing in the representation of entrepreneurial growth companies. The firm employs a non-traditional practice model: First, the firm provides blue chip legal services without the unnecessary overhead typically associated with top law firms. Second, the firm delivers its services for a fixed fee – it maintains pricelists for most of the services that are needed by early-stage companies.