Tech Talk Tuesday: Capital Markets Update

Presented by Foley Hoag LLP, McGladrey and SVB Silicon Valley Bank

WHEN

  • June 7, 2011 7:30 AM - 9:30 AM

WHERE

  • Emerging Enterprise Center at Foley Hoag
  • Bay Colony Corporate Center, North Entrance
  • 1000 Winter Street - Suite 4000
  • Waltham, MA 02451
  • Map

DESCRIPTION

There are strong signs that the economic doldrums of the past few years are behind us. M&A activity has rebounded. The IPO window has opened. Venture capital and private equity funds are making new investments. But is this recovery just an illusion, a temporary uptick before things again head south?

In this T3 session, a panel of seasoned investment professionals and entrepreneurs will share their thoughts on 2010 and the prospects for 2011. Discussion will focus on topics such as the following:

M&A Activity

  • How did the M&A market perform in 2010 and Q1 2011? What can be expected for the balance of 2011 and 2012?
  • Have any industry sectors performed particularly well or particularly poorly? Are the prospects for any any sectors particularly strong or particularly weak?
  • Are both strategic and financial buyers back in the game?
  • What types of financing are available to fund acquisitions by financial buyers? What are the trends in required debt-equity ratios?
  • Have there been any noticeable shifts in non-financial deal terms?

IPO Activity

  • Is the IPO window really open? If so, for whom, and for how long?
  • Will there be a strong aftermarket for new issuances?

Venture Capital and Private Equity

  • Which types of funds have been able to raise capital?
  • Which industry sectors have been in favor and which have been out?
  • What have been the relative percentages of early stage versus later stage deals?
  • Are valuations headed up? Are some sectors again overheating?
  • Looking through the rearview mirror, what lessons can be learned from 2008 -- 2010?
  • How will fundraising and exit strategies change in 2011?
  • How have financing terms changed in 2009? What can we expect to see in term sheets in 2010?

Join us on June 7th when we will host a panel discussion regarding these topics.

Speakers:

Ben Howe, Co-Founder and CEO, America's Growth Capital
Ben Nye, Managing Director, Bain Capital Ventures
Dave Parkinson, Executive Vice President, Americas, Trustwave and former CEO, Vericept
Dave Pierson, Partner and Chair of Venture Capital /Emerging Company Practice Group, Foley Hoag (moderator)