On Saturday, 09th July 2022, CAiN Program held an “Angel Investing Workshop 03: Investment Process” Through Zoom online.
This session was led by Ms. Cheryl Lee, investment Consultant of Z1 Financial.
Objective
- To share the angel investors on investment process from finding the leads until closing the deals
- To share the best practice on due diligence (practical for angel investors)
- To share the main monitoring and analysis framework/tools used by Angel Investors
- Case Study (if any)
Key Takeaway:
- Lifecycle of business: Early Phase, Expansion Phase, Stock Market and Public-to-Private
- Type of financing: Grants, Loans/Debts/Bonds, Equity and Convertible
- General Investment process:
- Initial Introduction
- Non-disclosure Agreement (NDA)
- Due-diligence
- Term Sheet/Letter of intent (Lol)
- Negotiation(s) and Drafting Legal Agreement
- Closing an Investment Deal
- Fulfilment of Conditions Precedent
- Disbursement of Proceeds
- A Few basic preparation for investment Readiness
- Pitch Deck & Business Plan (Entrepreneur’s story, Key Milestones, Growth strategies and use of funds)
- Financials & Projections
- Valuation Expectations (Entrepreneur’s own back of the envelope calculation)