Title of talk: The Art of the Cap Table
Speaker: Dr. Ashley Stevens, D.Phil (Oxon), CLP, RTTP, President Focus IP Group, LLC, USA and Lecturer Strategy and Innovation Department, School of Management, Boston University, USA
Date: 19 Nov 2021 | Time: 5:30 pm to 7:00 pm
Registration Link: https://tinyurl.com/19nov-talk
Abstract: A capitalization or “cap” table is a key tool used by start-ups to illustrate the technicalities of an investment. Learn how to read a cap table to determine how value will be divided between founders, management and investors at an exit event such as an acquisition or initial public offering. The talk will also use examples to illustrate evolution of the Cap Table through multiple financing events and scenarios, such as how different deal terms affect valuation and percentage ownership, and how new funding rounds of funding can lead to dilution of founders’ and early investors’ stakes in a company over time.
About the speaker**:
Dr. Stevens has worked in the biotechnology industry for 28 years, assisting both startup companies and academic organizations in turning promising ideas into useful products. Formerly, he served as director of the Office of Technology Transfer at the Dana-Farber Cancer Institute, a teaching affiliate of Harvard Medical School. He was cofounder and general manager of Genmap, Inc., and was vice president of business development for BioTechnica International. He started his career with the Procter and Gamble Company, where he held positions in sales, marketing, strategic planning, and acquisitions. Dr. Stevens is a member of the Licensing Executives Society and the Association of University Technology Managers (AUTM).