Friday, April 6, 2012

Application date extended to April 9th

We have had 24 companies apply to the Seattle Angel Conference. This looks like an interesting mix of companies. We have had a couple of request for people to join into the due diligence. If you are a company that wants to apply , the tickets have been reopened and will close on Monday 4/9.  Please go to 


and register as an applying company. 

If you are investor and want to get in on the due diligence, please look at the investor page and fill out the interest form:


Our due diligence will happen every Tuesday night until the end of May, where we will review companies and explore the process of investing. Our goal is to engage more people in the startup funding process. 

The First Due Diligence deep dive will happen on Tuesday April 10th. The reading of the documents for companies has already begun.  Please let us know if you would like to join this process. 


Termsheets for Entrepreneurs Workshop


Termsheets for Entrepreneurs
with Anik Guha from Orrick
April 16th, 2012  - 6:00pm






As an entrepreneur and an investor come to decison that they want to work together, they need to come to an agreement of the terms under which the deal will be struck. Will it be a Loan? A Convertable Note? An stake for equity or a piece of revenue? The terms and conditions of the deal will make a significant difference to the end result. 

Even with the new crowdfunding law in place, there will need to be terms and conditions on the deals that are made. Due diligence is one of the best tools when you are making a deal. Come talk with Anik Guha from Orrick about how to structure a deal. 

Learn about early stage term sheets (debt and equity), with a focus on long-term consequences for founders. Specific topics include:
            --How should you structure your early financings?
            --Dilution impact of convertible debt and early stage equity
            --Setting a template for future rounds
            --Board structure
            --What is "market"?

Anik Guha is the head of Orrick's emerging companies group in Seattle. His practice includes the formation, financing and general corporate counseling of emerging growth private companies. Most of Anik's clients are in fast growth fields related to information technology, media, entertainment and clean technology.



PS, Orrick is one of the firms that has an online Startup Kit