Private Company Financing Trends Workshop
Wednesday, October 16, 2019
3:30 pm – 5:30 pm
315 Fifth Ave South, Suite 1000, Seattle, WA 98104
Please join us at Summit Law Group on Wednesday, October 16th at 3:30pm for an overview of current private company financing trends and a panel of investors discussing the “state of the market” for private company fundraising.
3:30 – 3:50pm: Registration and Networking (hosted bar and apps will be served)
3:50pm – 4:30pm: Summit attorneys Laura Harper and Andy Shawber will provide an brief overview of typical financing structures
4:35pm – 5:20pm: Panelists Susan Preston, Cameron Borumand, and Aaron Rose will discuss recent financing trends (see bios below). Moderator: Andy Shawber
5:20pm – 5:30pm: Q&A with panelists
- What will be discussed?
- Attorneys, investors and entrepreneurs will discuss financing structures (Preferred Stock, Convertible Note, Convertible Security/SAFE, alternative structures, etc.), the fundraising process, the impact on founders, and recent developments in deal terms and valuations.
- Who should attend?
- Entrepreneurs, CEOs and CFOs of companies seeking or planning on seeking outside investment from Angel or Venture Capital investors; investors, attorneys and other advisors working with private companies.
Hosted Bar and Appetizers will be served!
Susan Preston is the Managing Partner of SeaChange Fund (formerly the Seattle Angel Fund), committed to fostering entrepreneurial growth in the Pacific Northwest through early-stage investments, as well as Co-Manager for the Element 8 Fund, focused on cleantech investments. She was General Partner for the CalCEF Clean Energy Angel Fund, which focused on seed/start-up stage investments in clean energy technology. Susan has taught in the MBA program and was the Buerk Endowed Fellow for Entrepreneurship at the University of Washington. Susan also serves as immediate past chair and a lead instructor for the Angel Resource Institute, a global investor and entrepreneur education organization. Susan is a recent recipient of the Angel Capital Association prestigious Hans Severiens Award, given each year to an individual whose actions advance the role of angel investing, expand entrepreneurship and benefit the angel investing industry as a whole. In 2014 Susan received the Small Business Person of the Year for 2014 from the Small Business Council of America. She was honored along with five Congressional representatives in the nation’s capital. Susan also recently received Senator Cantwell’s Women of Valor award, which was presented by then Vice President Joe Biden.
Cameron Borumand is a principal at Ignition Partners. He joined Ignition in 2017 and plays a key role in sourcing, identifying, and supporting new investments. At Ignition, Cameron focuses on investments in business process automation and vertical AI/ML. He’s a hyper-curious investor with a mission to amplify the ambitions of entrepreneurs. Prior to Ignition, Cameron was a co-founder of Curious Capital. He raised a small fund of outside capital to invest in innovative seed-stage technology companies based in the Pacific Northwest. The fund currently has twelve investments in the enterprise software, fin tech, and consumer internet sectors. Prior to Curious, Cameron was a technology investment banker at Vaquero Capital in San Francisco. At Vaquero, Cameron was critical in leading marketing and diligence efforts, as well as sourcing transactions for two leading software companies. Cameron also worked as a financial analyst intern for Isilon/EMC. Cameron holds a BS degree in Business Administration-Finance from the Foster School of Business at the University of Washington.
Aaron Rose is an advisor to talented entrepreneurs and co-founder of great companies. He currently serves as co-founder and chairman of Yeeko Inc., Get Fit With Heath, Inc., and CareerLight, LLC, advising executive management on establishing the company’s strategic direction and achieving their long-term goals. He also serves as founder and managing director of Global Tactics, LLC, an international consultancy advising Fortune 500 companies and startup ventures on global strategic planning and business development, risk mitigation, and strategic alignment of business operations and product development. Aaron launched his entrepreneurial career with the founding of ROI3 Ventures, LLC, a private investment and holding company that provides financial and advisory support to early-stage companies. Portfolio companies reside in the information and communication technology, renewable energy and clean technology sectors.
Andy Shawber is an experienced corporate/securities attorney, and a Partner at Summit Law Group in Seattle. Andy helps emerging growth businesses throughout their entire life cycle, from startup through financing, M&A, IPO, public company reporting and beyond. Andy also advises investors and executives on financing and acquisition transactions. Throughout his career, Andy has advised clients on M&A, VC and IPO transactions valued in the billions of dollars. Before joining Summit in summer 2012, Andy was an attorney in the Seattle office of Wilson Sonsini Goodrich & Rosati, P.C.
Laura Harper’s practice focuses on corporate and securities law. She represents companies in all stages, including startup, in a broad range of business-related matters including supporting ongoing operations, financing through private offerings or venture capital, strategic alliances and corporate restructuring. She also has extensive experience assisting clients with both sell- and buy-side mergers and acquisitions. Prior to joining Summit Law Group, Laura was a corporate attorney in Alabama, both in-house at a biotechnology nonprofit company and in private practice. Laura enjoys spending time with her family, including hiking and camping, and volunteering with her daughters’ Girl Scout troops.