John Franson from Globalview Advisors in Boston presented at the Boston Entrepreneurs’ Network (ENET) Term Sheets and Valuation Event, held at the headquarters of Constant Contact, Inc. in Waltham, Massachusetts. John was one of three panelists who discussed Term Sheets and Valuation to an audience of over 100 people that included company founders and budding entrepreneurs. Initial investments in start-ups was led by Chris Mirabile, Co-Managing Director of LaunchPad Venture Group, while Sven Karlsson, President and Co-Founder of Platelet BioGenesis, offered valuable insight on obtaining funding for his biotech startup. John addressed valuation requirements and issues once companies are operating and growing, and stressed the importance of fulfilling requirements and understanding issues that may occur so not to distract from operating and building a successful business. Specifically, John talked about the basic approaches to business valuation and IRC 409A common stock valuations.
The Boston Entrepreneurs’ Network (ENET) connects early stage entrepreneurs with information and resources necessary to transform an idea into a successful product or service business. Founded in 1991, ENET is where tech and life sciences founders and founders-to-be learn, network, and grow. ENET’s meetings have been instrumental in the formation of many startups and provide an important venue for meeting participants and members to network, talk about their ideas, showcase their startups, and conduct business.