What You Get

This module of the Business Angel Institute training program covers financial and legal aspects of investments in early stage companies.

  • Guided home study which will typically take around 3 days of your time (flexibly at home)

  • Then you get to interact with your peers in 2 full days of face-to-face masterclasses

  • Instructions for practicing as well as feedback on your results

  • Finally, you get a remote coaching session to clarify any open issues.

Please note

With your booking, the BAI support scientific work in the field of angel and venture finance throughout Europe, as well as measures for the promotion of entrepreneurship at schools and universities. The Business Angel Institute is a non-profit initiative which is financed by a high-quality course and is additionally supported by partners such as Venionaire Capital.

Become A Professional Business Angel

This module of the Business Angel Institute training program covers financial and legal aspects of investments in early stage companies

Specifically, you will learn

You get a comprehensive set of materials for guided home study which will typically take around 3 days of your time (flexibly at home). Then you get to interact with your peers in 2 full days of face-to-face masterclasses. In addition, you get instructions for practicing as well as feedback on your results. Finally, you get a remote coaching session to clarify any open issues.

  • How to approach negotiations with investment target companies

  • Common deal terms and how they interact

  • Finding high quality investment opportunities

  • Structuring terms in typical investment documents

  • How to approach and perform a pre-revenue company valuation

  • Conducting a financial due diligence

  • Conducting a legal due diligence

  • The program is delivered by experts in all phases from finding targets to exiting investments, including experienced angel investors, representatives of angel organizations, entrepreneurship professors, specialized lawyers and specialized tax advisors.

Course curriculum

  • 1

    Finance, Legal & Valuation

    • Download: Presentation CBA Modul A2

    • Welcome To Module A2

    • Focal Points Of A Financial DD

    • Focal Points of a Financial DD Part 2

    • Download: Term sheet

    • Download: Financial issues

  • 2

    Legal Due Diligence

    • Legal Due Diligence

    • Download: Legal issues

  • 3

    Valuation

    • Introduction to Valuation

    • How many Startups get VC Money (US)?

    • What is Valuation?

    • Can A Tech Company Be Worth Billions After A View Years?

    • Download: Valuation overview

    • Test Your Learning

  • 4

    Valuation Methods

    • Valuation Methods

    • The Berkus Method

    • Risk Factor Summation Method

    • Scorecard Valuation Method

    • Comparable Transactions Method

    • Book Value Method

    • Liquidation Value Method

    • Discounted Cash Flow Value Method

    • First Chicago Method

    • Venture Capital Method

    • Approaches of Valuation: Real Option

    • Cost & Profit Validation

    • Download: Valuation methods

    • Test Your Learning

  • 5

    Next steps...

    • Before you go

    • Sources of downloads

Become A Professional Business Angel

This module of the Business Angel Institute training program covers financial and legal aspects of investments in early stage companies.

The Objectives of the Course

Best practices, underlying principles and a broad spectrum of perspectives

The training delivers specific best practices as well as underlying principles and a broad spectrum of perspectives. Even experienced angels will significantly expand their horizons and hone their methods, while newcomers gain a thorough understanding of the whole process. Representatives of organizations dealing with early stage investment issues and of the surrounding service industry have also found our training program useful in the past.

Meet Your Instructor

CEO @ Venionaire Capital AG

Berthold Baurek-Karlic

Berthold is an active investor focusing on disruptive technologies. He consults on business development, change management, finance, M&A and exits. He has founded and developed several companies by himself and currently setting up a new venture fund in Europe. In 2023 he was awarded as the Business Angel of the Year Austria.

Upsells

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