如何筹集资金及上市.ppt

1、如何筹集资金及上市,天马行空官方博客： ；QQ:1318241189；QQ群：175569632,By : Dr. Carter Tseng Founder & CEO Little Dragon Foundation Nov. 23, 2001,Fund Raising & IPO,天马行空官方博客： ；QQ:1318241189；QQ群：175569632,1. Initially : Close Friends & Family 2. Seed Money : Value Added Angel Investors 3. Series A : Value Added V. C. 4. L

2、EAD Investor : Discount (Side Sheet) 5. Business Plan (B.P) 6. Term Sheet 7. Due Diligence 8. Finance Closing,Fund Raising,1,1. Management Team 2. Business Model 3. Core Competence (Viable Technology) 4. Competitive Advantage 5. Financial Projection,Business Plan,2,1. Lead Investor 2. Amount of Fina

3、ncing 3. Securities : Conversion Rate 4. Price 5. Closing Date 6. Pre-and Post-Financing Valuation a. Common Stock b. Employee Pool c. Series A Preferred Stock,Term Sheet,3,1. Dividends 8. Anti-dilution Provisions 2. Liquidation Preference 9. Board of Directors 3. Voting Rights 10.Founders Stock 4.

4、Conversion 11.Employee Stock and 5. Registration Rights Option Pool 6. Protective Provisions 12.Financial Information 7. Co-Sale Right and Right of First Refusal,Terms,4,(A) Intellectual Property Due Diligence 1.Relationship with/Obligations to your Previous Employer 2.Trade Secrets 3.Patents 4.Conf

5、identiality and Invention Assignment (B) Legal Due Diligence 1.Capitalization 2.Corporate Governance 3.Contracts,Due Diligence,5,1. Investment Bank 2. CPA 3. 6 Months to 1 Year Preparation 4. Road Show,IPO,6,1. Profitable : Not Required 2. Audited Financial Information 3. Operation Transparency : “What you see is what you get” 4. Rule of Thumb : Min Business Volume,IPO(NASDAQ)- I,7,5. “.Com” : Valuation Model was Flawed (browser/site Visitor buy