Course leaders, lecturers and speakers: Ilya Strebulaev, Viktor Orlovsky, Anna Dvornikova, successful Silicon Valley entrepreneurs, partners in leading venture capital funds, angel investors, emeritus professors, financial and legal experts with deep practical experience.
Key points
A UNIQUE COURSE ON VENTURE INVESTMENT FROM SILICON VALLEY EXPERTS
Created by experts and leaders in the field of venture capital and the creation of high-quality unique educational programs for top management personnel, the world's largest corporate and private investors, heads of state and regions
Based on 10 years of experience in creating venture capital programs,
such as Stanford University programs for MBA students, investors and executives
Adapted specifically for multi-language investors
Built with the optimal synergy of asynchronous virtual and live learning and communication
Organized through active group work and communication with mentors
Includes live case studies of startups and funds raising capital
Consists of a large number of academic and practical materials
Ensures the issuance of a NEIC certificate of successful completion of the Course
Allows you to become a member of the closed club of investors in the new economy
Over the past 10 years, companies that focus on modern technologies and have attracted venture capital for their growth have not only been leaders in capitalization, but also determine the future of humanity.
Today, the combined capitalization of Apple, Amazon, Alphabet, Microsoft and Facebook exceeds $5.6 trillion. In just five years, these tech giants have nearly doubled in price. At the same time, there are still many areas in the world in which technology is just beginning to take the lead. In the next 10 years, digitalization will affect areas such as real estate, medicine, banking, education, energy, agricultural production and livestock. All these areas will spawn a large number of new super-successful technology companies.
Over the years, the leaders of the Course and the Club have created unique programs for a wide range of investors and entrepreneurs, from the top Silicon Valley Open Doors conference (Open doors to Silicon Valley) to the Stanford course and sessions for large investors around the world.
By taking our unique venture investing course, you will understand the intricacies of the venture capital business - from finding investment targets to portfolio management and exit strategies
Venture Instruments
Features
The course takes place on a specialized platform.
All participants are divided into the groups of 6-8 people.The platform has a detailed navigation through the learning process.
Theoretical part
Hundreds of lectures by leading experts in the venture business - from 5 to 25 minutes on all major topics with presentation materials in the format of basic and advanced training
Practical part
Over 200 examples and case studies, transaction documents and investment presentation examples. Case studies of successful and unsuccessful projects, comments on materials and presentation
Assignments and tests
Over 200 tests (mini and extended tests)
Over 100 individual tasks
Each group and participant is assigned a mentor - a professional in the field of venture investment
Live author's lectures
From Ilya Strebulaev, Victor Orlovsky and the best experts in the venture business
Analysis of real live startups and funds raising money
2 group work (6-8 people per group)
Protecting an investment memorandum - an analysis of real startups raising funding
Exchange of views with other groups
Each participant can track their progress in real time
Collaboration tools
Chat with mentors
Forum - discussion of topics of interest to participants
Expert comments
► Token placement (ICO) and their future
► Institutional venture capital
► Corporate venture capital
► Investors in the late stages of financing
► Secondary Market Platforms and Brokerage Firms
► Venture investment risks
► Risks and scenarios of behavior of startup founders that force
investors to worry; the main mistakes of startups - why startups
fail
► Investment process
► Active search for deals
► Sources of deals. How to build startup search channels
► Deal Funnel
► Initial selection of deals
► Key factors and metrics for startup analysis
►Due diligence
► Main factors and methods for their effective assessment
► Founders and management team
► Business model analysis
► Product and development
► Market analysis; market size; market competition
► Company valuation and funding requirements
► Compatibility with the investor and what investors give to companies
► Return on investment
► Time frames
► Opportunities to sell the company or go public
► How investment decisions are made
► Investment memoranda
► Individual and group solutions
► Methods for making group decisions
► How to make group decisions more effective
► What problems do investors face and how can they be avoided?
► Conflicts in startups; risks and scenarios that concern investors
► Formal and informal mechanisms
► Staged stages of investment
► Benchmarks
► Protection against failure; option grants; vesting; dilution of founders' shares
companies; control rights
► Contract provisions for contingencies
► Right to information
► Monitoring of portfolio companies
► Term Sheet and negotiations
► Main aspects of Term Sheet
► Share purchase agreement; agreement on the rights of investors; right of first
refusal/co-sale; voting agreement; package of documents
for investment
► Common and preferred shares
► Liquidation preference
► Liquidation multiplier; down price protection
► Optional conversion
► Full blur base; capitalization table; company valuation after receiving
investments (Post-money valuation)
► Participation; Participation price ceiling
► Dividends; Redemption obligation
► Subsequent funding rounds
► Dilution at subsequent stages of venture investments; right of proportionality
(prorata); if you want to play - pay (Pay to play)
► Seniority of liquidation preferences;
"waterfall" conditions (waterfall provisions)
► Mandatory conversion
► Venture debt
► Discount and conversion cap
► SAFE investment tool
► Corporate governance in a startup
► Distribution of voting rights and shareholder control (Voting rights, share
holders agreements)
► Board of Directors
► Investors: protective provisions in the contract (protective provisions)
► Venture fund structure
► Venture firms and venture funds
► General partners and limited partners
► Venture firm management
► Venture firm partnerships, partners, associate partners and venture capital
partners
► Classification of venture funds
► Geography; assets under management; industry specializations; specialists and
generalists; the size of the fund; investment stages
► Venture fund economics
► Risks and return on investment in a venture fund
► Contract between partners
► Restrictions on partner actions
► Obligations of limited partners, default, capital call
► Management fee, carry interest
► Step-up position
► Return evaluation metrics and analysis of venture funds, IRR, TVPI, MOIC
► Investor strategies and selection of a managing manager
► Create your own fund
► Secondary placement platforms
► Selection bias. Verification of documents during the secondary placement of shares.
Brokers and dealers
► Selling a startup or its shares through M&A or the secondary market (secondaries)
► Successful sale and "soft landing"; M&A process; company expertise
the buyer; data; escrow; incentives
► Initial public offering (IPO)
► IPO process, underwriting; rule 144A
► Company valuation
► Correct evaluation methods at different stages
► Evaluation of the company and company instruments
► Company valuation after receiving investments (Post-money valuation) and real
grade
► Revaluation of venture companies
► Optional scoring methods
Invaluable experience of communication with professionals in the field of venture capital investment
Communication with other investors
Networking with and presentations from top people from Silicon Valley and other global venture ecosystems
Access to syndicated deals at various funding stages
• Actively discuss and share deals
• Get access to syndicated deals at different funding stages
• Find experts and mentors
• Receive comments on the latest news of the venture market, startups and
emerging technologies
• Learn unique professional content
Terms of membership in the Club:
• Mandatory course completion
• Compliance with the code of conduct for members of the Club
• The cost of membership in the Club is paid on an annual basis
Course Authors
Founder of Fort Ross Ventures, ($350 million under management)
Founder of the largest association of Russian-speaking professionals (AmBAR) and venture innovation forum (SVOD Conference), partner of TEC Ventures early investment fund