FARMINGTON HILLS — Great Lakes Angels is hosting a workshop on “Valuation of Early Stage Companies,” an Angel Resource Institute (ARI) education program on angel investing, at UHY Advisors, 27725 Stansbury Boulevard, Suite 100, Farmington Hills, on Tuesday, June 14.
This workshop is open to entrepreneurs, investors and consultants.
Valuation is probably the most important question an investor and entrepreneur will ask and answer before executing an investment. The answer often leads to the life or death of a deal. The determination of the value of a company is as much an art as it is science. Mastering both takes experience and knowledge.
“Valuation of Early Stage Companies” is designed to present several key methodologies that many experienced angel investors have found as fundamental in approaching this critical task. They include
* Risk Factor Summation Method
* Venture Capital Method
* Scorecard Method.
The keynote speaker and program leader is Bob Okabe, a board member of the Angel Resource Institute and managing director of Chicago-based business consultants RPX Group LLC. Over the last decade, Okabe has been actively involved with early stage enterprises on multiple levels. As an angel investor he co-founded the Prairie Angels and has made eleven investments with three positive returns of capital.
RPX Group, www.rpxgroup.com, is a consulting firm assisting universities, research institutions, and corporations with spinning out some of their innovative technologies as startup companies.
Visit www.glangels.org to register or for more information about this educational opportunity.
ARI, founded in 2006, is a nonprofit that focuses on delivering education on proven best practices in angel investing to both entrepreneurs and investor, as well as delivering the most robust data trends in angel investing. ARI’s commitment to producing premier education and research is rooted in its relationship with the Ewing Marion Kauffman Foundation, which originally developed ARI. For more on ARI’s education programs, contact Jessi Freitag at jessi@angelresource.org.
GLA’s mission is to organize and mentor angel investors and provide a forum for them to grow in knowledge and wealth and foster more of the same — to help invest in entrepreneurial companies in the region. GLA meetings typically feature several presentations on potential deals, high-level content and quality speakers and panelists on key issues of angel investing. Current angel investors and high net worth potential angel” can meet in a confidential and educational environment to discover opportunities for mutual areas of investment. Experts can be identified and shared to assist in due diligence on technologies outside the individual’s own comfort zone and help transition investors into new exciting technologies for the growth of companies in the Region and their own personal portfolio.