Angel Miniversity - Mumbai

10:00 - 10:30 AM

Introduction to Angel Investing

• Angel investor Vs Venture Fund Manager

• What is angel investing

• Understanding risks and rewards

• Investing with a network vs going alone

10:30- 11:15

Build a pipeline of startups for investing

• Different stages of a startup as they raise funding.When do angels come in

• Sample pitch deck

• Critical questions to ask as an investor

• What information is irrelevant as you evaluate

• How to avoid search bias

• Sourcing Deals

11:15

Tea break

11:30- 12:15

Valuations

• Understanding valuations in a startup environment

• What benchmarks to used

• How to negotiate

• Tools to use if you can’t arrive at an agreement with the founder

12:15-
1:00

Due Diligence

Understanding due diligence once you have liked a startup

• Legal

• Financial

• Claims validation

• Promoter

• Technical

• Customer

• References

• Business Model

1:00

Lunch

1:45-
2:30

Term sheets and SHA

• Understand legal documentation: term sheets, shareholder agreements

• Learn the nuts and bolts that go into finally closing an investment

2:30

Tea Break

2:45-
3:30

Managing your portfolio

• Regular reporting

• Helping the startup vs becoming a nuisance

• Keeping an eye for fraud, willful negligence or incompetence

• Can you replace the founder? Should you?

3:30-4:15

Exits

• Different types of exits

• Understanding financial vs strategic exits

• IPO

• Exit multiples vs IRR

• What to do when you are faced with an exit question

• Should you continue to reinvest

4:15- 4:30

Wrapping Up