如何筹集资金及上市.ppt

如何筹集资金及上市
主讲人:曾宪章博士
晓龙基金会
创办人及执行长
时间:11 / 23 / 2001
By : Dr. Carter Tseng
Founder & CEO
Little Dragon Foundation
Nov. 23, 2001
Fund Raising & IPO
1. Initially : Close Friends & Family
2. Seed Money : Value Added Angel Investors
3. Series A : Value Added V. C.
4. LEAD Investor : Discount (Side Sheet)
5. Business Plan ()
6. Term Sheet
7. Due Diligence
8. Finance Closing
Fund Raising
1
1. Management Team
2. Business Model
3. petence
(Viable Technology)
4. Competitive Advantage
5. Financial Projection
Business Plan
2
1. Lead Investor
2. Amount of Financing
3. Securities : Conversion Rate
4. Price
5. Closing Date
6. Pre-and Post-Financing Valuation
a. Common Stock
b. Employee Pool
c. Series A Preferred Stock
Term Sheet
3
1. Dividends 8. Anti-dilution Provisions
2. Liquidation Preference 9. Board of Directors
3. Voting Rights ’s Stock
4. Conversion Stock and
5. Registration Rights Option Pool
6. Protective Provisions Information
7. Co-Sale Right and
Right of First Refusal
Terms
4
(A) Intellectual Property Due Diligence
with/Obligations to your Previous Employer
Secrets

and Invention Assi