Lecture 2 - Sources of Financing

Lecture 2 - Sources of Financing - Cap Tables & Sources of...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
    Sources of Financing Bus M 475
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Agenda CE Tech Presentations Cap Tables Continued Sources of Equity Financing Accredited Investors LLC Structure – Winder Example
Background image of page 2
Cap Tables Terms: Primary shares vs. fully-diluted shares Pre-money and Post-money Book value vs. fair market value (FMV) Preferred vs. common shares Options Carry Sweat equity Step-up
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Publishable Cap Table Bus M 475 and Bus 473 both teach cap tables We use different tools to teach the same thing – an example of a ‘publishable’ cap table for legal documents, etc. is below. Please note that what you’re expected to build in our class is more detailed Capitalization Structure Example Company Date Class Book Value Shares Price/Share Primary Fully-diluted Primary Founder August 20, 2008 Preferred $75,000 100,000 0.75 $ 3% 5% Investor August 20, 2008 Preferred $400,000 400,000 1.00 $ 18% 20% Investor February 18, 2009 Preferred $650,000 550,000
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/06/2012 for the course BUS M 475 taught by Professor Gregpeterson during the Fall '11 term at BYU.

Page1 / 9

Lecture 2 - Sources of Financing - Cap Tables & Sources of...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online