Astra Global and
The Startup Station present a webinar "The Founders' Dilemma - How to ensure you will not be kicked out by your investors".
According to Harvard Business Review, out of 212 American startups founded between the late 1990s and early 2000s, within three years, 50% of the founders were no longer the CEO; in year four, 40%; and fewer than 25% led their companies' initial public offerings. Generally, four out of five entrepreneurs are forced to step down from the CEO's post.
In this webinar, we will discuss specific strategies you can use to make sure you can retain your control and at the same time maintain a good relationship with investors.
In the course of the webinar, we will discuss:
- When do you need to start fundraising and from whom?
- How to fund yourself in the beginning? How much money do you need to start a company?
- What are the VC's incentives and interests? Why and when will they start pushing you very hard? What tactics can you employ to get leverage?
- The truth about the company's valuation: a negotiating tool, a financial fact, or a wild guess?
- Which terms are important to negotiate to retain control? Which terms could be a dealbreaker?
- Key strategies in creating and managing a board of directors.
- Top five reasons why you may lose control of your company.
- What to do if your position as a founder is threatened.
BIOS: Elena Gusakova is the Founder of
Astra Global, a global business development company. Prior to her career in business development, Elena spent eight years working as an M&A lawyer at private equity funds, leading cross border deals with the total deal amount exceeding $600M. She has a deep understanding of investment processes, investors' main concerns, and is an experienced negotiator. Elena holds EMBA from Columbia and London Business Schools.
Victoria Yampolsky, CFA is the Founder and President of
The Startup Station, an education and advisory platform focused on modeling and valuing early-stage ventures. We help you articulate your business case to investors from the financial point of view. More than 1,000 founders have taken The Startup Station's courses to learn the basics of accounting, valuation, financial modeling, and startup financing and more than 100 founders worked with The Startup Station one-on-one across more than 15 industries. Victoria holds a Bachelor's Degree, Cum Laude, in Computer Science, with a minor in Mathematics from Cornell University, and an MBA, with honors, from Columbia Business School. Victoria is also on the Advisory Board of the Computing and Information Science (CIS) Department of Cornell University.
Agenda: 11.00 a.m. - 11.30 a.m. EST (5 - 5.30 p.m. CET) Opening remarks, Astra Global and The Startup Station.
11.30 a.m. - 11.50 a.m. EST (5.30 - 6.00 p.m. CET) Talk about the specific strategies you can use to make sure you can retain your control and at the same time maintain a good relationship with investors
11:50 a.m. -12:00 p.m. EST (5:50 - 6:00 p.m. CET) Q&A