Many years ago almost all companies raising money used a PPM (Private Placement Memorandum) as the document to put the deal together. The PPM typically consists of three or four parts including 1) A summary business plan that describes what the business is and how it is going to execute its plan 2) Risks involved in investing in the deal. 3) A term sheet that describes the terms of the deal and 4) the capitalization table showing existing shareholders, types of shares, percentages owned, etc. The PPM was the selling document and, when signed, constituted the completion of the deal. Read more
RVC hosted it’s first workshop on Strategic Planning for Venture Backed Business earlier this week and Kathleen McFadden, Senior Account Supervisor at McGregor Graham Advertising Agency attended and shared her notes with us. Read more
Rockies Venture Club (RVC) will host its second annual Cannabis Capital Summit on June 16. And what a difference a year makes. The industry and the investors putting money into it have gotten a lot smarter. Read more
Where are all the Angel Investors?
I get asked this question all the time and the answer is simple – “They’re all around you.” But identifying them and building a collective network of angels to pool funds together to invest in deals is not easy in Colorado. We’re lacking in Google and Facebook millionaires, and yet we have thousands of “Accredited Investors” in the state (with a net worth of $1 million or more excluding their primary residence, or income over $200K per year) Read more
Tuesday February 10th, RVC is hosting the 4th Annual Colorado Life Sciences Night at the Denver Metro SBDC building in partnership with the Colorado Bio-Sciences Association. Read more
Interested in sponsorship opportunities? Find out more about the benefits of being an RVC sponsor.
Question? Check out the FAQs.