Tuesday, February 4, 2020

February Workshop Series for Seattle Angel




The Seattle Angel Conference XVII workshop series runs before our application deadline to help startups and investors get a sense of the issues related to fundraising. We are halfway through the workshops series. We have added some additional workshops around finance because we see this issue coming up regularly in companies that we see.

Our deadline for this round of the conference is February 27th (Companies Apply Here )
If you apply to the conference, the workshops are free.

If you know of a startup that is near their first revenue and is considering raising outside funding, please suggest that they come to one of the workshops.


Workshops 


Tuesday Evenings - Angel Investing Workshops 


Feb 18 - Financials for Fundraising - https://www.meetup.com/Seattle-Angel/events/267624442/
Feb 27 - Deadline for companies to apply  - http://sac-xvii-apply.eventbrite.com


Thursday at noon - Startup Financial Workshops 

Feb 6 - 5 things every startup should know  - https://www.meetup.com/Seattle-Angel/events/267649561
Feb 13 - How to find an investor who gets your biz - https://www.meetup.com/Seattle-Angel/events/267698498
Feb 20 - How to be successful at fundraising? - https://www.meetup.com/Seattle-Angel/events/267754173
Feb 27 - How to prepare for due diligence?  - https://www.meetup.com/Seattle-Angel/events/267754314/


Feb 4 - 6:00pmDue Diligence 101



When an investor and a startup founder start the process of closing an investment deal,
both of them should be doing due diligence to make sure that the foundations of the deal
are coming together. What are the issues that an investor is going to want to see the details of?
We know from Angel Investing Research that doing a reasonable due diligence improves your
investment outcomes. This discussion will explore the process of doing due diligence. All good
Angel Investments involve doing reasonable due diligence. 


WeWork Labs - 1411 4th Ave, Seattle - 14th Floor (WeWork Lobby is on the 10th floor) 
https://www.meetup.com/Seattle-Angel/events/267254378/


Feb 11 - 6:00pm
Pitch Deconstruction


Practice, Practice, Practice. Get feedback on your company pitch. Practice your pitch
and get feedback often. This is another chance to get feedback on your pitch from active
Angel Investors. Everyone who comes will have a chance to make a 1 minute pitch (without slides).
The audience will select 4 companies to make 3 minute pitch (with slides). Each of those 4 pitches
will get detailed feedback from active investors who are participating in the Seattle Angel Conference
process. This is a great way to learn more about how different companies engage in pitching,
and how the investors respond to that pitch. 


WeWork Labs - 1411 4th Ave, Seattle - 14th Floor (WeWork Lobby is on the 10th floor)
https://www.meetup.com/Seattle-Angel/events/267254178/


Feb 18   - 6:00pm
Financials for Fundraising


At the core of any equity-based fundable startup is a business model that shows
exponential growth and a large market. Without a grounded financial model, the
proverbial hockey-stick growth slide is just vapor-ware. By understanding your
key financial foundations and your cash-flow projection, you get a better grasp of
the numbers at the base of your business. Andrew Klein from Zccounting will walk
through the basic information and reports that you should have a good handle on
before you seek outside funding. 


WeWork Labs - 1411 4th Ave, Seattle - 14th Floor (WeWork Lobby is on the 10th floor) 
https://www.meetup.com/Seattle-Angel/events/267624442/

Financial Workshops - Thursdays at Noon 



February 6 - 12:00 pm - 2:00 pm
5 things every startup should know about finances


As you leap into your new startup idea, a key part of the process is to understand how to
make the business sustainable. There are key financial issues that you need to understand
about your startup and the financial foundation you need to build to grow a successful business.
Understanding the structure of the key reports can help you focus on the key numbers that investors
will want to see that you understand. 


This is the first of four workshops around financial modeling for startups that will help early-stage
companies prepare for outside fundraising. 


Andrew Klein from Zccounting will be the speaker for this series. He is active in the startup scene
and helps support new startups making progress on their fundraising journey.

1411 4th Ave, Seattle, WA 98101( WeWork Event space on the 14th floor)
https://www.meetup.com/Seattle-Angel/events/267649561


How to find an investor who gets your business?
February 13 - 12:00 pm - 2:00 pm

Every startup needs capital to run a business. Capital can come from your friends, your family,
and especially investors. Looking for an investor is a challenge because it takes a lot of time and
energy, between getting ready for investment, networking and practicing your presentations.
However, not every investor is a good investor for you. You will need to be doing due diligence
and checking if the investor fits with your business. 


When you find an investor who understands your business and gets the vision of what can be built,
then the investor can act as an accelerator for your startup. 


This second workshop will explore the pathways for building a connection with the right investor
for your startup. 

WeWork Labs - 1411 4th Ave, Seattle, WA 98101( WeWork Lobby at 14th floor)




February 20 - 12:00 pm - 2:00 pm
How to be successful at fundraising

When are working on your startup, you get to a point where you need additional outside funding
to grow as fast as you want. There are many different pathways for raising outside funds.
However, some of the traditional business funding pathways do not support the growth rates
needed for a startup to be successful. There are several different pathways for raising funds from
different types of investors. More importantly, there are specific business milestones that will help
unlock different types of funding.  Explore with us the different pathways for getting outside funding
for your growth startup. 


This is the third workshop in the Lunch series, aimed at framing the startup financial efforts
needed for your startup.

WeWork Labs, 1411 4th Ave, Seattle, WA 98101( WeWork Lobby at 14th floor)

February 17 - 12:00 pm - 2:00 pm
How to prepare for due diligence

As you are starting to finalize a deal for an Angel Investment, a good Angel Investor is going to
want to validate and verify the details of your business. On one side of the process, there are many
different documents and materials which you might want to have prepared for the due diligence
process. On the other hand, just as the Investor is doing due diligence on you, you will want to be
doing due diligence on the Angel Investor. How is the best way to prepare for this due diligence
process. How can you make this process effective?  Join Andrew Klien to explore the habits
that will make you more effective at the due diligence process. 


This is the fourth workshop in the lunch series to help startups to get ready for due diligence
and fundraising. Andrew Klein from Zccounting is a speaker, and he has been helpful for
many startups. 

1411 4th Ave, Seattle, WA 98101( WeWork Lobby at 14th floor)




Feb 27 Deadline for companies to apply http://sac-xvii-apply.eventbrite.com
(Apply now and come to the workshops for free)