|
7:30 a.m. to 8:00 a.m. Continental Breakfast
8:00 a.m. to 8:15 a.m. Agenda Review and Introductions
8:15 a.m. to 9:45 a.m. Investing in the Current Environment
-
COMPETITION AND PRICING
What is the competitive climate for seed and early stage deals?
What pricing are we experiencing? How has the public markets
affected early stage valuations? What strategies are we employing
to cope with the competition?
-
INVESTMENT STRATEGIES
How scaleable is seed and early stage investing? How early is
too early? When do you use consultants? How many are employing
EIRs, in-house incubators and other methods of sourcing deals?
Are you leveraging portfolio companies?
-
SYNDICATION
Which firms prefer not to syndicate initial rounds? For those
who syndicate, when do you start the syndicate process, whom
do you include, and how do you divide the financing? What are
the pros and cons of working with angels, corporate venture
funds and strategic investors?
-
CREATIVE STRATEGIES
What other creative investment strategies are we using?
9:45 a.m. to 10:00 a.m. Break
10:00 a.m. to 10:30 a.m. Speaker
Jon M. Ekoniak
Vice President
Senior Research Analyst
B2B e-Commerce: Vertical Markets
US Bancorp Piper Jaffray
10:30 a.m. to Noon. Building a Sustainable Fund Infrastructure
-
BRANDING AND MARKETING
There has been much discussion about building the VC brand.
What strategies have the group tried? What works, what doesn’t?
How to better position early stage venture capital in today's
competitive market.
-
THE INVESTMENT PROCESS
When and how are deals discussed in partnership meetings? How
often do we have partnership meetings and what is their duration?
What written materials are provided at what stage of the process?
At what stage do we provide term sheets? Due diligence - more
or less?
-
MANAGEMENT TEAM
How have we altered our hiring practices and fund composition?
How many, if any, analysts and/or associates are there per dollars
under management and/or number of general partners? What are
we doing about legacy issues - hiring, retiring? What are the
current compensation packages for the venture capital industry?
Noon to 1:15 p.m. Lunch Vista Terrace
1:15 p.m. to 1:30 p.m. The National Venture Capital Association
Research Initiative
Speaker: John Taylor
Director of Research
National Venture Capital Association
1655 North Fort Myer Drive
Suite 850
Arlington, Virginia 22209
We will receive a brief update about the National Venture Capital
Association's Research Initiative. Mr. Taylor will discuss the purpose
of the initiative and how it plans to provide advanced learning
and data for our industry.
1:30 p.m. to 2:45 p.m. Evaluating Fund Structures
Alternative venture fund structures have emerged. We will discuss
the following:
-
Traditional Models
-
Public Venture Funds
-
Holding Companies
-
Incubators
-
Angel Groups
-
Evergreen Funds
Which models have sustainability? What are the key factors for
success? How have the different models affected limited partners/investors
and the fundraising process? Who are the most desired limited partners/investors?
2:45 p.m. to 3:00 p.m. Break
3:00 p.m. to 3:30 p.m. Speaker
Raimundo Archibold
Vice President
Senior Electronic Commerce Services
Infrastructure Analyst
J.P. Morgan
3:30 p.m. to 4:15 p.m. The Needs of Early Stage Venture Capital
Funds
The mission of the ESVCA – How can ESVCA serve the needs
of early stage venture capital funds?
4:15 p.m. to 5:00 p.m. Conference Wrap-Up and Networking
5:00 p.m. to 7:00 p.m. Reception
back
to past events
|
