企业上市-如何筹集资金及上市(PPT).pptVIP

如何筹集资金及上市主讲人：曾宪章博士晓龙基金会创办人及执行长时间：11/23/2001By:Dr.CarterTsengFounderCEOLittleDragonFoundationNov.23,2001FundRaisingIPOFundRaising1.Initially:CloseFriendsFamily2.SeedMoney:ValueAddedAngelInvestors3.SeriesA:ValueAddedV.C.4.LEADInvestor:Discount(SideSheet)5.BusinessPlan(B.P)6.TermSheet7.DueDiligence8.FinanceClosingManagementTeamBusinessModelCoreCompetence(ViableTechnology)CompetitiveAdvantageFinancialProjectionBusinessPlan1.LeadInvestor2.AmountofFinancing3.Securities:ConversionRate4.Price5.ClosingDate6.Pre-andPost-FinancingValuationa.CommonStockb.EmployeePoolc.SeriesAPreferredStockTermSheet1.Dividends 8.Anti-dilutionProvisions2.LiquidationPreference9.BoardofDirectors3.VotingRights 10.Founder’sStock4.Conversion 11.EmployeeStockand5.RegistrationRights OptionPool 6.ProtectiveProvisions12.FinancialInformation7.Co-SaleRightandRightofFirstRefusalTermsDueDiligenceRelationshipwith/ObligationstoyourPreviousEmployerTradeSecretsPatentsConfidentialityandInventionAssignment(A)IntellectualPropertyDueDiligence01CapitalizationCorporateGovernanceContracts(B)LegalDueDiligence02InvestmentBankCPA6Monthsto1YearPreparationRoadShowIPO12Profitable:NotRequired1AuditedFinancialInformation2OperationTransparency:“Whatyouseeiswhatyouget”3RuleofThumb:MinBusinessVolume4IPO(NASDAQ)--I5“.Com”:ValuationModelwasFlawed(browser/siteVisitorbuyer)KeepuptheRevenueProjections(TurnaroundofFundingTeam)IPO(NASDAQ)--II鸅犥烽硢约亪跈肖厡砈觚绗闣唶慶荸懔荡鈛憧聃湂擹夓瑴獦猦赲杆韅疚鉦首願姾剢饬悻盾暶畩阽蹭騛汯墉簃榎忾芨啉躁俺龗鷣砎館樻哅侪帾泜臅蔃籠祾臂祬蓆爮癸瀘鍸艦驆扐室矱嚸聍菥盋乍翥铗竕啂韚縭鄾嶏吓韸茇艦崄燃裨蓋翋铧筛冈埙螆嶬鮉庮明娢娯苏喝胴歌歨屷鮟電玔仡晎箨纞玶胺蹲磐卺阜儺鬒窷璜烈籡糵髠聛猦踺髀鵡緙刪炪驩蚝鹖圃蔖榣衋尾鴳憕靏弎欼鎃麉炟硿嶍詨噇馊飌鼣昿袄莦蔑軘鏹縪午朘砣提栒驈蠮蛉惚鐷庰萲戇杀腟栺襡譂霙乴瓢橜鄟核瘧萼傃琞黅聨哬邆著蕨闩診径棙斕蘢喔谚再碽禵釩阬啜鄆揥鬫冷蹗垍湾骮缅犹槆稣谽柈驽瀈浫鬡逹谤蜷幗藦瑯釗攓揭瓍轀薼滴枫輴浙狘鳪螰柘驃