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

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