ANGEL INVESTMENTS IN STARTUPS
Transcript of ANGEL INVESTMENTS IN STARTUPS
ANGEL INVESTMENTS IN STARTUPSCertificate Course by Sparklehood X Sea and Beyond
OVERVIEW & PURPOSE
Sparklehood in association with Sea and Beyond is conducting a workshop
series on Angel Investing. The workshop aims to help HNIs and prospective
investors from the mariner community to acquire knowledge of investing in
early stage start-ups.
It is structured to enable participants to develop and maintain startup deal
flow, evaluate startup investment opportunities, form relationships with
practicing angel investors and learn through case studies which reflect the
ground realities of investing in India.
SESSION PLANS
1. Session 1: Investment Thesis and Memoa. Course Introduction
b. Role of an Angel Investor
c. Why do startups need external capital
d. What is an investment thesis
e. How to build and read thesis and memo documents
f. Startup Investment Instruments (SAFE, CCPS, Equity)
g. Investment Structures (AIF, LLP, Direct Cap Table Entry)
h. Case Study: Leading Global VC Memos
i. Reading assignments:
i. Should you be an angel investor
ii. How to be an angel investor
iii. Advice for angels
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2. Session 2: Startups Valuationa. Different fundraising stages
b. Understanding Valuation (valuation, valuation cap, discount)
c. Value of founder’s ownership before and after additional funding
(pre-money & post money valuation)
d. Primary drivers for startup valuation
e. Key metrics of different business models
f. Reading assignments:
i. Valuation vs Ownership
ii. Valuation as a scorecard
iii. Valuation tweetstorm
iv. Is the startup burn rate normal
3. Session 3: Screening deal opportunitiesa. Creating the deal pipeline
b. Shortlisting opportunities of interest
c. Understanding what shall it take for the specific start ups to be
Unicorn
d. Case Study: Evaluating Live Deals
e. Reading assignments:
i. Product strategy business model
ii. Providing Value - The 10X Angel. The 0X Angel
4. Session 4: Due Diligencea. Identifying Key Risks
b. Investor Checklist
c. Evaluating the Team, Product, Market, Past Financing, Financials,
Regulation and IP
d. Case Study: Healthcare Company
5. Session 5: Case Study on M&Aa. Examining an offer for acquisition of an existing Company
b. Assessment of the Company's profile, market position, and future
prospects
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c. Study of the Company's financial data available, and evaluation of
financial health
d. Decision on acquisition and price-band to be offered for acquisition
6. Session 6: Branding yourself in the communitya. Personal branding in the startup community
b. Create a mission statement for your personal brand
c. Become familiar with the basics of reputation management
d. How to leverage social media
e. Create a system for on-going brand maintenance
f. 1:1 session to customize the your personal branding story
GUEST SPEAKERS
Mikhil InnaniCo-Founder, PharmeasyCurrently valued at + $1 B
Anurag JainCo-Founder, Myntra
Sold to Flipkart for $300 M
Vineet SaxenaCo-Founder, Milkbasket
Acquired by Reliance
END GOAL / SKILL-SET ACQUIRED
1. Investment Gameplan2. Startup Valuation3. Due Diligence4. Startup Evaluation5. Investment Instruments & Methods6. Personal brand building
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TEAM
Anchal Taatya● Serial Entrepreneur and Co-founder @ Sparklehood● Y-combinator SUS 2019 Award● GC Mittal Entrepreneurship award at IIM Ahmedabad● 4X exit in a previous start up
Saurabh Kumar● DMET and IIT Kanpur Alumnus and Partner at Sparklehood● Founder of “Ziffyhomes which was part of Y-combinator● 14 years of industry experience across shipping, investment
banking, manufacturing, real estate etc.
Shilpika Ganeriwala● 3 years of global investing experience across private equity
teams at DE Shaw and Kingfish Group● She graduated with a gold medal from IIM Indore in 2018● CFA level 3 candidate
Captain. Yashoverman Sharma● Director of True North Competence management● Pioneer in Maritime training● Fellow of Nautical Institute and Company of Master mariner● Guest Faculty at IIM-A and IIM-B for Shipping, Port and Aviation
related Exec. Ed. programmes
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