Exit Strategies for Success
You are one of them...a dedicated entrepreneur, who has poured her heart and sweat into the venture. Does this single minded dedication to launch and grow the business have to exclude thoughts of potential future exits? On the contrary, an exit strategy is an important element of the overall business strategy that describes the vision of how you will eventually capitalize on your investment. This is important because the decisions about how you structure and operate the business can have huge implications down the road.
Let us hear from experienced panelists, who have participated in successful exits that have come in various sizes and forms. They will talk about exit strategy planning and, just as important, what exits look and feel like in real life to an entrepreneur, lawyer and an investor.
Panel:
Matt Eckert’s diverse business law practice focuses on advising start-up and emerging growth clients across the spectrum of development stages on early-stage business matters, commercial transactions, capital-raising and mergers and acquisitions, as well as representing venture funds in their portfolio investments. He regularly advises publicly traded clients on matters of corporate finance, including public and private equity and high-yield debt offerings, buy-side acquisitions, and securities law compliance. In addition to being a partner at Foley Hoag, Matt serves as Co-Chair of the firm's Emerging Company and Venture Capital group.
Mr. Shafner has concentrated his practice exclusively in the area of transactional corporate and securities law for more than twenty years. Mr. Shafner has particular expertise in assisting emerging technology companies, both domestic and international, in their capital formation as well as in basic business contract needs.
Most of Mr. Shafner's clients are high-technology businesses and venture capital firms specializing in high technology investments. Consequently, Mr. Shafner frequently negotiates software licenses, distribution arrangements, strategic partnerships and similar IP (intellectual property) sensitive matters. However, he also represents a number of low-tech manufacturers and distributors nationwide.
A major portion of Mr. Shafner's practice deals with corporate finance and mergers and acquisitions. He frequently counsels domestic and international clients in IPO's and other public securities offerings, venture capital transactions, private placements, and strategic partnering arrangements. He regularly negotiates and closes acquisitions and sales of businesses, divisions and product lines in major industries, particularly (but not exclusively) high-technology oriented.
As a result of his knowledge of the investment banking industry, Mr. Shafner often co-counsels with litigators in securities law disputes, particularly broker-investor disputes, and represents underwriting firms in regulatory matters.
Moderator: Praveen Bansal, M.S, CEO, TFC BioSciences
Praveen received her M.S. in Immunology and Preventive Medicine from Iowa State University, and an M.S. in Pharmaceutical Chemistry and a Bachelors in Pharmacy from the College of Pharmacy, Indore, India.
Meeting Location: : Constant Contact, Inc., 1601 Trapelo Rd., 3RD Floor, The Great Room, Waltham, MA (Exit 28B, I-95/Route 128) PRE-MEETING Pay-as-you-go DINNER at 5:15 PM (sharp) at Bertucci’s, Waltham.
Directions: http://www.constantcontact.com/about-constant-contact/office-location-waltham.jsp
Reservations: ENET Constant Contact meetings are free to ENET members, $20 for non-members and $10 for students with a current university ID. No reservations are needed for the dinner. To expedite sign-in for the meeting, we ask that everyone -- members as well as non-members -- pre-register for the meeting online. Pre-registration is available until midnight the day before the meeting. If you cannot pre-register, you are welcome to register at the door.
Pre-meeting Self-pay Dinner:
5:15 PM
Bertucci's Restaurant
475 Winter St., Waltham, MA (exit 27B off Route 128)
This is a "pay-as-you-go" dinner
Meeting & Presentation
7:00 - 9:45 PM
Please Note: New MEETING LOCATION
Constant Contact, 3rd Floor, The Great Room
1601 Trapelo Rd., Waltham, MA
(From the north: Exit 28 off Route 128 / I95 onto Trapelo Rd. Take first right into driveway)
(From the south: Exit 28B off Route 128/I95 onto Trapelo Rd. Cross over highway, take first right after interchange)
Once in the complex, head back toward the highway, turn left, and park in front of the building. Entrance is below the large clock that faces the highway.
Detailed directions
Public Transportation Option
For those who wish to attend the ENET Waltham meeting via public transportation, there is an option available to arrive at the meeting.
There is a shuttle bus service by the private 128 Business Council from Alewife subway station on the MBTA Red Line to 1601 Trapelo Road, Waltham. You would need to arrive at the bus stop at 525pm. You want bus #142 for the Alewife (AWF) – Route A. This bus leave Alewife at 530pm and reaches 1601 Trapelo Road at 623pm. The one-way fare is $5.00 for this private shuttle ride.
The last shuttle from 1601 Trapelo Road back to Alewife leaves at 725pm. So assuming you stay for the full ENET meeting which typically ends 930pm you will have to find a ride back or call a taxi to take you back to Alewife station.
For more information on the shuttle service, go to http://128bc.org/shuttle-schedules
