ANGEL INVESTMENTS IN STARTUPSCertificate Course by Sparklehood X Sea and Beyond

OVERVIEW & PURPOSE

Sparklehood in association with Sea and Beyond is conducting a workshop

series on Angel Investing. The workshop aims to help HNIs and prospective

investors from the mariner community to acquire knowledge of investing in

early stage start-ups.

It is structured to enable participants to develop and maintain startup deal

flow, evaluate startup investment opportunities, form relationships with

practicing angel investors and learn through case studies which reflect the

ground realities of investing in India.

SESSION PLANS

1. Session 1: Investment Thesis and Memoa. Course Introduction

b. Role of an Angel Investor

c. Why do startups need external capital

d. What is an investment thesis

e. How to build and read thesis and memo documents

f. Startup Investment Instruments (SAFE, CCPS, Equity)

g. Investment Structures (AIF, LLP, Direct Cap Table Entry)

h. Case Study: Leading Global VC Memos

i. Reading assignments:

i. Should you be an angel investor

ii. How to be an angel investor

iii. Advice for angels

1

2. Session 2: Startups Valuationa. Different fundraising stages

b. Understanding Valuation (valuation, valuation cap, discount)

c. Value of founder’s ownership before and after additional funding

(pre-money & post money valuation)

d. Primary drivers for startup valuation

e. Key metrics of different business models

f. Reading assignments:

i. Valuation vs Ownership

ii. Valuation as a scorecard

iii. Valuation tweetstorm

iv. Is the startup burn rate normal

3. Session 3: Screening deal opportunitiesa. Creating the deal pipeline

b. Shortlisting opportunities of interest

c. Understanding what shall it take for the specific start ups to be

Unicorn

d. Case Study: Evaluating Live Deals

e. Reading assignments:

i. Product strategy business model

ii. Providing Value - The 10X Angel. The 0X Angel

4. Session 4: Due Diligencea. Identifying Key Risks

b. Investor Checklist

c. Evaluating the Team, Product, Market, Past Financing, Financials,

Regulation and IP

d. Case Study: Healthcare Company

5. Session 5: Case Study on M&Aa. Examining an offer for acquisition of an existing Company

b. Assessment of the Company's profile, market position, and future

prospects

2

c. Study of the Company's financial data available, and evaluation of

financial health

d. Decision on acquisition and price-band to be offered for acquisition

6. Session 6: Branding yourself in the communitya. Personal branding in the startup community

b. Create a mission statement for your personal brand

c. Become familiar with the basics of reputation management

d. How to leverage social media

e. Create a system for on-going brand maintenance

f. 1:1 session to customize the your personal branding story

GUEST SPEAKERS

Mikhil InnaniCo-Founder, PharmeasyCurrently valued at + $1 B

Anurag JainCo-Founder, Myntra

Sold to Flipkart for $300 M

Vineet SaxenaCo-Founder, Milkbasket

Acquired by Reliance

END GOAL / SKILL-SET ACQUIRED

1. Investment Gameplan2. Startup Valuation3. Due Diligence4. Startup Evaluation5. Investment Instruments & Methods6. Personal brand building

3

TEAM

Anchal Taatya● Serial Entrepreneur and Co-founder @ Sparklehood● Y-combinator SUS 2019 Award● GC Mittal Entrepreneurship award at IIM Ahmedabad● 4X exit in a previous start up

Saurabh Kumar● DMET and IIT Kanpur Alumnus and Partner at Sparklehood● Founder of “Ziffyhomes which was part of Y-combinator● 14 years of industry experience across shipping, investment

banking, manufacturing, real estate etc.

Shilpika Ganeriwala● 3 years of global investing experience across private equity

teams at DE Shaw and Kingfish Group● She graduated with a gold medal from IIM Indore in 2018● CFA level 3 candidate

Captain. Yashoverman Sharma● Director of True North Competence management● Pioneer in Maritime training● Fellow of Nautical Institute and Company of Master mariner● Guest Faculty at IIM-A and IIM-B for Shipping, Port and Aviation

related Exec. Ed. programmes

4