Women's Investor Roundtable: Intro to Angel Investing; Due Diligence and Term Sheets

The National Angel Capital Organization (NACO) and InterGen have partnered up to host a women's' investor roundtable series which will offer access to experiential and bespoke training on angel investing. These sessions will be held on March 5 and 6 with handpicked facilitation from the corporate finance and angel capital communities.
 
This is an excellent opportunity to meet fellow female investors and learn about Calgary's booming angel capital and alternative finance markets, that are supporting some of Canada's best tech companies that have been started right here in Calgary. InterGen and NACO recognize the importance of increasing women representation in our angel and venture capital community and we are looking forward to your participation. 

Attending both days is highly encouraged as it presents a fantastic opportunity to apply the concepts learned on the first day. Get ready for an exciting showcase as two ventures, Cubbi and Cashew, will deliver dragon's den style pitches!

All participants will get a chance to win two passes at the Kananaskis Nordic Spa!

Lunch will be provided for all attendees. Morning participants are encouraged to stay for lunch and afternoon participants are invited to come earlier to enjoy lunch at 12:00 pm

March 5: Due Diligence and Term Sheets

Venue: Fasken Calgary Boardroom

Morning session: 10:00 AM - 12:00 PM 

OR

Afternoon session: 1:30 PM - 3:30PM

March 6: Introduction to Angel Investing

Venue: Fasken Calgary Boardroom

Morning session: 10:00 AM - 12:00 PM 

OR

Afternoon session: 1:30 PM - 3:30PM

 

Covered Topics: 

March 5 will be led by Spencer Gunning and Darren Engels from Tailwind, covering the topics of Due Diligence and Term Sheets.
 

Term Sheets

  • Valuation and Ownership
    • Pre-money, post-money, anti-dilution provisions
    • Basics of capitalization tables and what this means for incoming investment
  • SAFEs, Share Classes and Liquidation Preferences
    • Common versus pref shares, SAFE pros/cons
  • Governance and Board Seats
    • Composition of board, voting rights

Due Diligence

  • Market and Competitive Analysis
    • TAM/SAM/SOM, target audience, potential for growth, sales pipeline
    • Competition and “secret sauce” of TargetCo
  • Management & Board
    • Experience and track record of key management and BoD
  • Technology, Product Development & IP
    • Company’s TRL, what this means, roadmap of development
    • IP ownership and defensibility of Company IP
  • Sources & Uses of Current Raise
    • Capital ask, what the capital is being used for, current cash burn

March 6 will be led by Bryan Slauko of Metiquity Ventures, covering Intro to Investing in Angel Capital 

  • Building an investment thesis
  • Importance of portfolio construction
  • How to make money in your portfolio
  • Deal flow - review, selection and winning
  • Adding value post-investment

 

Speakers:

Spencer Tailwind Styled-1

Spencer brings extensive background in banking, corporate development, and investor relations to provide value to Tailwind’s portfolio companies, with a strong foundation in financial analysis, deal structuring, and strategic planning. Before coming to Tailwind, Spencer spearheaded corporate development and investor relations initiatives for a TSX-listed company and worked at a reputable Western Canadian bank in both leveraged debt finance and investment banking roles. Holding a Chartered Business Valuator designation, Spencer provides a distinct perspective on business valuation for Tailwind's companies. Outside of work, Spencer finds himself hitting the links, tending the hockey net, or organizing games of spikeball with friends at Prince's Island Park.

 

Darren Tailwind Styled

Darren has over 20 years of business development, strategy, financial and investment experience in a variety of industries and technologies, with a focus on early-stage growth companies. Prior to starting Tailwind in 2018, he worked for a prominent investment bank, where he gained significant knowledge and connections that are now being utilized with Tailwind’s client companies. He holds a Chartered Accountant and a Chartered Financial Analyst designation. Darren finds happiness on two wheels, and while being a professional cyclist is no longer in the cards, he does hope to complete many bike adventures across the world with his two daughters.

 

Bryan Slauko styled

Bryan is a co-founder of Metiquity Ventures Fund I and manages the daily activities of the fund. He brings over 20 years of experience as an investment professional, advisor, entrepreneur and director. For the past 10 years Bryan has combined his expertise in investment analysis, market research, due diligence and early-stage growth equity with experience in business strategy, corporate governance and business building, to help unlock growth opportunities, create value and effectively manage risk for investors, early-stage companies and the communities he works in. Outside of Metiquity Ventures, Bryan serves as the volunteer Board Chair of two not-for profit organizations, one providing an innovative approach to affordable housing and the other, a growing sports organization.

 

Tailwind Full Color Logo Inline

Tailwind works with growth ventures and early-stage companies to diligently prepare them to access capital, enabling them to reach their full potential. Tailwind offers the structure, support, and financial acumen to speak the language of investors and ultimately assist companies and founders in finding funding to help fuel their craft.

Metiquity logo

Metiquity was formed to unlock growth potential for innovative founders on-the-cusp of commercialization and pioneering investors who invest capital alongside them.

This roundtable series is brought to us by:

NACO Logo-1

The National Angel Capital Organization (NACO) is leading a national women’s initiative to mobilize angel capital for women led-companies. As Canada’s professional association for angel investing, with 4000 members who have invested $1.54 billion in more than 2000 companies, we have a responsibility to drive gender parity across the innovation economy