Northern StartUp BUSINESS 8
Programme submitted by: superuser
on Tue, 2008-03-11 13:42
- Start: 2008-07-15 18:15
- Finish: 2008-07-15 21:00
Following paragraph (edited) is taken from http://www.antiventurecapital.com:
You have found a potential investor after many months of searching. S/He appears to like your business and sees the potential for everyone to make some serious money on the deal. You discuss your product, marketing strategy, operational plan, and financing needs. You see eye-to-eye on practically everything. Then finally, when you are both feeling comfortable with one another, the question of valuation is finally raised. How much of your company are you willing to surrender in exchange for his/her investment? In your best estimation, his/her money is worth 20% of your company at best. In his/her estimation it is worth 51%. In many cases, the discussion grinds to a halt at this point. To put it bluntly, placing a credible valuation on a startup is impossible.
In to above traditional environment add Facebook valued at $15 billion by Microsoft and Linkedin valued at $1 billion on supposedly $100 million revenues. Skype was sold with less than $50 million revenues. Valuing a startup is pretty much a black art. Why not join us for a lively discussion on technology company valuations?
Is this event for you? Be part of the Northern ecosystem
Northern StartUp 2.0 is North of England's premier event series for Digital Startups to meet, learn and share experience with like minded individuals made up of entrepreneurs, investors, deal makers and service providers, in an informal setting. Are you a startup or early stage digital technology company? Or have you got a killer idea with some early code you want to tell others about? Are you looking for seedcorn or second round of funding, team members, mentors, partners, and/or ideas to commercialise your product? Do you need help writing your business plan? Have you got loads of money and love to invest in startups? Do you provide support services (e.g. PR)? Are you a blogger or journalist looking for breaking news? Or do you just like to hang out with startups? Or do you want to know how to leverage technologies to achieve a competitive advantage? If so, this event is for you.
Programme:
18:15 to 19:00 Registration & Networking
19:00 to 19:45 Introductions by Panelists
19:45 to 20:00 Break
20:00 to 21:00 Q&A/Panel
Panelist 1 - Nic Brisbourne - DFJ Esprit
Nic will speak about how venture capitalists evaluate Internet companies and how it is different to other sectors, in addition to giving an introduction to DFJ Esprit.
Panelist 2 - Carl Allen - Regional Director - Gartner Invest EMEA
Gartner has analysed well over 750 European technology startups over the last year, and Carl will share the findings with number of case studies.
Panelist 3 - Bert Navarrete - Internet Capital - USA
In addition to introducing Internet Capital, Bert will share his thoughts on why British entrepreneurs are of interest to US Venture Capitalists
Panel Discussion
Panel discussion will focus on startup valuation.
Attendance Fees (inclusive of VAT):
£10 for students (must be in full time education and not working)
£30 for all others
Please bring correct amount in cash, cheque (payable to eveo Ltd) or bank transfer directly to Account No. 21281917 Sort Code 40-17-06. Please use reference "NS20-08"
Note:
- Annual Enterprise Pass - £500.00 (up to three individuals from your company per event , not exchangeable outside the company)
- Annual Individual Pass - £250.00 (not exchangeable)
Confirmed Attendees
Venture Capitalists: Nic Brisbourne (DFJ Esprit), Bertrand Navarrete (Internet Capital), Colin Willis (Hotspurcp), Ed French (EV Rising Stars), Mark Rahn (MTI Firms), and Malcolm Stewart, Peter Leather and Mike Bakewell (MSIF/LV).
Northern Stars: Anish Kapoor (Yuuguu), Robert Wakeling (Wadaro), Manoj Ranaweera (edocr)
Speakers
DFJ Esprit
Nic has been in venture capital since 2000. In that time he has worked in London, Europe and Silicon Valley. His main areas of focus have been software and media.
Prior to DFJ Esprit he was with Reuters Venture Capital. Nic's investment expeirence includes UltraDNS (acquired Neustar - NYSE NSR) and Buy.at.
He currently manages DFJEsprit's investments in Zeus, Axiom Systems, SRC, Cityspace and Tribold. Nic also led the sucessful investment in Buy. At and subsequent and sale to AOL. Prior to joining Reuters Nic worked for Operis, a software and services start-up, and Cap Gemini.
Nic also authors a blog commenting on the European technology and venture capital markets. Please see The Equity Kicker
Internet Capital
Bert is responsible for new acquisitions and has experience leading, sourcing, and executing digital media, internet services, and mobile investments. Bert has managed investments in sixteen early stage companies across a variety of technology sectors and has had broad operational and investment management responsibilities.
Prior to ICG, Bert was an Investment Partner at Mitsui & Co., where he led Mitsui’s NY Technology Investment Group. While at Mitsui, Bert was responsible for managing and executing venture and private equity investments and oversaw the firm’s overall investment strategy. He led Mitsui’s investment in Synacor and had board responsibilities for Synacor and Anystream.
Previously, Bert was a Vice President at Merrill Lynch and managed a strategic venture fund consisting of investments in the internet, media, and mobile sectors. Within this portfolio, he managed and was a board observer on several notable investments, including CapitalIQ (NYSE: MHP), The Wedding Channel (NASDAQ: KNOT), and MyFamily.com (part of the Generations Network). Additionally, Bert executed technology business development and strategy for ML’s Technology Group, where he sourced and evaluated strategic technology alliances. Bert was also a founding member of Merrill Lynch’s first seed-stage venture fund which focused on the Financial Services IT sector. He began his career in the Capital Markets Group, where he focused on middle market institutions.








