When raising investment, the financing round and the ongoing relationship between founders and investors are governed by a comprehensive investment agreement, together with various supporting documents and annexes. Before closing a financing round, investors typically present a term sheet outlining the commercial terms of the investment and the key rights they expect to be included in the final agreement.

What should founders pay attention to when negotiating a term sheet and investment agreements? What do you need to understand before entering discussions with investors? And is a traditional equity financing round really the right approach for your startup?

In this workshop, Dr. Martin Sundermann and Dr. Felix Dörrenbächer from Osborne Clarke provide practical insights into topics including:

• An overview of the current fundraising landscape
• How to find the right financing option and the right investor
• Typical clauses found in investment agreements
• Key legal and financial terms such as pre-money and post-money valuation, liquidation preference, anti-dilution protection, drag-along rights, vesting, and more
• Which terms are negotiable with venture capital investors and business angels—and which generally are not
• Alternatives to a traditional equity financing round and complex investment agreements

Speakers

• Dr. Martin Sundermann – Osborne Clarke
• Dr. Felix Dörrenbächer – Osborne Clarke