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Silicon Valley Corporate Law Update:Start-Ups, Financings, IPOs, M&A
P a l o A l t o , J a n u a r y 1 2 , 2 0 1 2
• Understand the new startup company and founders’ stock structures, and the new world of startup financing
• Learn the latest on deal trends and documentation – hearfrom the experts on counseling in tough transactions
• Take home the latest on secondary sales, private tenderoffers and private company trading markets
• Master the IPO new standards; dual-class common stock;dual-track processes; and compensation disclosure
• Explore the technology M&A critical issues: case lawdevelopments; takeover defenses; private equityinvolvement; and special venture-backed company sales considerations
Satisfy Your CLE Requirements
New Program!
Live in SiliconValley
Register Online at www.pli.edu or Call (800) 260-4PLI
®
Why You Should AttendUnlike the “tech bubble burst” recession of 2001, the technology sector is now widelyviewed as an island of strength that may help lead economies out of the currentchallenging global environment, and many commentators view Silicon Valley regularlyas one of the most active deal markets in the United States, if not the most activetoday. The wide range in fast-growing companies from startups to major publiccompanies has long attracted top legal, investor and investment banking talent, andproduced a wide variety of transactions ranging from seed and venture capitalfinancings to some of the largest IPOs and M&A transactions in the world. We haveassembled an “all-star” faculty of Valley insiders to share their valuable insights into thisleading market and how deals are done in the constantly changing technology world.
What You Will Learn• The experts explore new startup company and founders’ stock structures, and the
new world of startup financing
• Venture capital is hot again – learn the latest on deal trends and documentation, and hear from the experts on counseling in tough transactions
• What you need to know about secondary sales, private tender offers and privatecompany trading markets
• Get the latest on IPOs – new standards; dual-class common stock; dual-trackprocesses; and compensation disclosure
• Technology M&A critical issues: case law developments; takeover defenses; privateequity involvement; and special venture-backed company sales considerations
Who Should AttendThe program is designed for in-house and outside attorneys who seek a practicaloverview of corporate finance, securities law and M&A business and legal issues with a particular focus on Silicon Valley.
Silicon Valley Corporate Law Update:Start-Ups, Financings, IPOs, M&A
P a l o A l t o , J a n u a r y 1 2 , 2 0 1 2
R e s e r v e y o u r p l a c e t o d a y , c a l l ( 8 0 0 ) 2 6 0 - 4 P L I .
Morning Session: 9:00 a.m. - 12:30 p.m.
9:00
Program OverviewCurtis L. Mo
9:15
The Evolving Startup World• New company and founders’
stock structures• Super-Angels, Startup Incubators,
Angel List and the new world ofstartup financing
• Angel and seed financing
Yoichiro Taku, Ted G. Wang
10:15 Networking Break
10:30
Venture Capital Back on the Rise• Key sectors and differences in
documentation• Breaking down the NVCA model forms
vs. other customary forms• Down rounds, washout financings and
conflicts of interest
Scott C. Dettmer, Barbara Kosacz, Mitchell Zuklie
11:30
Secondary Sales and PrivateCompany Trading Markets• Secondary stock sale methods• Private company stock sales and
1934 Act registration followingFacebook/Goldman Sachs
• New compliance and valuation strategies
Curtis L. Mo, Annemarie Tierney, Patricia Wyrod
12:30 Lunch Break
Afternoon Session: 1:45 p.m. – 5:00 p.m.
1:45
Return of the IPO Market• New standards for going public,
and dual-tracking• Dual-class common stock
and corporate governance• Compensation disclosure and
the effect of say-on-pay
Peter M. Astiz, Alan F. Denenberg, Sally Rau
3:15 Networking Break
3:30
Technology M&A Developments • Applying In re Trados, Meso Scale
Diagnostics and other case lawdevelopments to deal structuring
• Selling stockholder strategies forescrow and indemnity claims
• Takeover defenses and relevance tothe technology sector
• Private equity in technology M&A• Special considerations for
venture-backed company sales
Richard Capelouto, Diane Holt Frankle, Jane Ross,Steven Tonsfeldt
5:00 Adjourn
Please plan to arrive with enough time to register before the conference begins. A networking breakfast will be available upon your arrival.
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Curtis L. MoDLA Piper LLP (US)East Palo Alto, California
Chair:
Peter M. Astiz DLA Piper LLP (US)East Palo Alto, California
Richard Capelouto Simpson Thacher & Bartlett LLPPalo Alto
Alan F. DenenbergDavis Polk & Wardwell LLPMenlo Park, California
Scott C. DettmerGunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLPRedwood City, California
Diane Holt Frankle Kaye Scholer LLPPalo Alto
Barbara KosaczCooley LLPPalo Alto
Sally Rau Chief Administrative Officer and General CounselVelti USA, Inc.San Francisco
Jane Ross Dewey & LeBoeuf LLPEast Palo Alto, California
Yoichiro Taku Wilson Sonsini Goodrich & RosatiPalo Alto
Annemarie Tierney General CounselSecondMarket, Inc.New York City
Steven Tonsfeldt O’Melveny & Myers LLPMenlo Park, California
Ted G. Wang Fenwick & West LLPMountain View, California
Patricia Wyrod Associate General CounselSilver Springs NetworksRedwood City, California
Mitchell Zuklie Orrick, Herrington & Sutcliffe LLPMenlo Park, California
Program Attorney: John M. Mola
F A C U L T Y
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