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May 27, 2022 @ 2:30 pm - 3:30 pm CDT
FreeVenture Financing Term Sheets 101 with Brian Dillavou
Last year, global venture financing broke records. In 2021, $329.9 billion was invested across an estimated 17,054 deals. However, despite the record breaking year and continued growth in the economy, the latest data indicates that the venture capital market is retreating somewhat in the first months of 2022.
According to recent data, round sizes from the Series A to C stages in the United States are in decline. This shift signals a less competitive market for investors looking to find a deal, but could signal trouble for startup founders looking for venture financing.
For this reason, startup founders need to be prepared when opportunity strikes. That’s why venture financing expert Brian Dillavou recommends founders have a firm understanding of venture financing term sheets before stepping up to the deal table.
Dillavou is a partner at legal services firm Wilson Sonsini Goodrich & Rosati where he advises startups and early-stage businesses on corporate legal issues; venture capital and other financings; stock options and other compensation matters; and M&A and capital markets transactions. On May 27, 2022, Dillavou will be hosting a webinar for Founders Network members where he’ll detail customary provisions in venture financing term sheets.
He’ll also discuss:
- What concepts are typically included in a venture capital term sheet
- How each of the concepts in a term sheet are interrelated
- The difference between a company favorable term sheet and an investor favorable term sheet
- Market trends in venture capital terms
About the Speaker:
Brian Dillavou is a corporate partner in the Austin office of Wilson Sonsini Goodrich & Rosati, where he represents start-ups and emerging growth companies from incorporation and early-stage financings through strategic exits such as initial public offerings and mergers and acquisitions. He also represents institutional investors and financial institutions in venture capital financings, mergers and acquisitions, and capital markets transactions, including initial public offerings and other equity and debt financings. Brian has particular experience working with clients in the technology, fintech, and life sciences sectors.
About Wilson Sonsini Goodrich & Rosati:
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them.
The firm is nationally recognized as a leader in the fields of corporate governance and finance, mergers and acquisitions, private equity, securities litigation, employment law, intellectual property, and antitrust, among many other areas of law. Our distinguished international roster of clients spans a wide variety of industries, including information technology, life sciences, energy and clean technology, social and traditional media, communications, retail, and financial services.
WSGR has offices in Austin; Beijing; Boston; Brussels; Hong Kong; London; Los Angeles; New York; Palo Alto; San Diego; San Francisco; Seattle; Shanghai; Washington, D.C.; and Wilmington, DE.
Calling all WSGR alum: Stay connected to alumni, colleagues, and friends on our WSGR Alumni Network, featuring exclusive content and other special offers. Through the site, we share information with alumni about career opportunities; programs and events; alumni, legal industry, and business news; and professional development training, among other topics. Whether you’re looking to expand your professional network, find an expert in your field, renew old friendships or establish new ones, or give back by becoming a career mentor, this website is the right place for you.
Visit the following link to sign up: www.wsgralumni.com
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fnAustin Chapter Leadership Team
- Chapter Director: Jason Collier
- Membership Chair: Lisa Besserman
Complimentary Ticket:
Are you a full-time tech founder? Be our guest! During COVID, we’re making our events available to tech founders everywhere. Enjoy a complimentary ticket to come learn from fellow tech founders, partners and investors. Already used your complimentary guest pass? Request an invite to see if you qualify for membership.
About Founders Network:
Founded in 2011, Founders Network offers lifelong peer mentorship to over 600 tech startup founders globally. Our platform, programs and high-touch service facilitate authentic experience sharing, warm introductions and long-term professional relationships. Additional benefits include over $500k in startup discounts and promotion to 2,000 newsletter readers. Members are located in San Francisco, New York City, Los Angeles, Vancouver, Toronto, London and other tech hubs. Each month our Membership Committee admits a new cohort of full-time tech founders who are nominated by an existing member. Learn more about us here
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All information shared within Founders Network is strictly confidential. We are built on a foundation of trust, and the community takes confidentiality seriously. Investors, members, and staff all share experiences and opinions off the record. In this roundtable forum, we continue to model our fnValues of Reciprocity, Humility, Authenticity and Inclusivity. Read more about our Privacy Policy here.
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