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New rules on Crowdfunding
A real opportunity for your emerging company?


Agenda:

3:00 PM - 3:30 PM Registration & Networking
3:30 PM - 5:00 PM Industry Panel
5:00 PM - 6:30 PM Networking Reception


Overview

On April 5, 2012 President Obama signed the JOBS Act bill into law. President Obama declared the JOBS Act (for "Jump-Start Our Business Start-Ups") is a "potential game changer". Indeed, funding for start-ups and emerging companies should become easier with an increased crowdfund cap and new IPO rules for example. However it does sound a bit risky to disclose your ideas to the whole world at a very early stage.

Key points that will be developed during this session include:
• Why and how to crowdfund your emerging company?
• Is crowdfunding a solution for your emerging company?
• Why do VCs and Angels get involved in crowdfunding?
• Do's and Don'ts of crowd funding?
• What are the risks and how can you protect your company from them?
• Was a new legal and regulatory landscape created?

Join the real crowdfunding players for an interactive discussion on why and how to crowdfund your emerging company.

Our Panel discussions are candid, interactive and informal. We want you to walk away with the real story behind how things work so you can make it happen yourself. This Panel will be followed by a Networking Reception.

Panelists

  • Jai Ranganathan, Co-founder, Scifund Challenge
  • Paul Spinrad, Executive Board Member, Crowdfunding Professional Association
  • Patricia Salber, MD, MBA, Founder and CEO, Health Tech Hatch, and Vice-Chair, National Crowdfunding Association (NLCFA)
  • Paul Fox, General Partner, CalCEF Clean Energy Angel Fund
  • Lead Facilitator: Larry Kane, Corporate Partner, Emerging Companies Group Member, Orrick, Herrington & Sutcliffe LLP

Venue

Orrick, Herrington & Sutcliffe LLP
1100 Marsh Rd.
Menlo Park, CA 94025
Click here for Venue Directions»

Panelists Bios (Partial List)


Jai Ranganathan
Co-founder, Scifund Challenge

Dr. Jai Ranganathan is a conservation biologist who received his doctorate in Biological Sciences from Stanford University. He is a Center Associate at the National Center for Ecological Analysis and Synthesis (University of California, Santa Barbara). He is one of the co-founders of the the #SciFund Challenge, the largest science crowdfunding effort in the world in terms of participating scientists. #SciFund Challenge is a volunteer-run organization that seeks to close the gap between science and society. You can find out more at scifundchallenge.org and by using the #SciFund hashtag on Twitter. You can find find Jai on Twitter at @jranganathan.
Click here for Jai's resume»
Click here for more info about the Scifund Challenge»

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Paul Spinrad
Executive Board Member, Crowdfunding Professional Association

Paul Spinrad was the first person to propose a crowdfunding exemption to securities laws. He soon collaborated with the Sustainable Economies Law Center to crowdfund and write their July 2010 petition to the SEC, which catalyzed the equity crowdfunding movement, and he has covered and contributed to its progress ever since, mainly through his blog Change Crowdfunding Law. Paul co-wrote (with Woodie Neiss) a brief on exemption proposals for the White House in 2011, and saw the dream realized there at the JOBS Act signing in April 2012. Paul has 10 years of experience as an editor for MAKE and Wired magazines, he co-founded the pioneering web development company Infobahn, and he has written much commercial and research software, two books and numerous articles. He lives with his wife and two young children in San Francisco.

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[New speaker!]
Patricia Salber, MD, MBA
Founder and CEO of Health Tech Hatch, and Vice-Chair of the National Crowdfunding Association (NLCFA)

Pat is the founder/CEO of Health Tech Hatch and a principal at Zia Healthcare Consultants, a consultancy focused on helping organizations prepare for the post-health care reform world with a special emphasis on medical management and population health improvement. She is a board- certified internist and emergency physician with fellowships in endocrinology and health policy. She has worked as a physician executive for a variety of health care organizations (health insurance companies, medical groups, large employers) and most recently, served as executive vice president and chief medical officer of a Medicare Advantage health plan.
Pat created and hosts "The Doctor Weighs In," a popular multi-authored blog about all things related to health and health care. TDWI writers are often provocative, sometimes funny,\ and always entertaining. Pat also has published numerous articles for peer-reviewed journals articles and trade publications, along with book chapters. Her book, The Physician's Guide to Intimate Partner Violence and Abuse, was the first book on the topic written specifically for health care professionals.
When Pat isn't working on HTH or blogging on "The Doctor Weighs In," she and her husband Dov can be found hiking the trails of Marin with Sherman, their black lab. She usually has her binoculars strung around her neck to catch a bird or two up close. Annual "Big Trips" are usually to South America, Asia or Africa.
"We believe health tech entrepreneurs have the potential to change health care for the better, making it more convenient, less costly and more consumer friendly. We built Health Tech Hatch to provide entrepreneurs with the resources they need to raise early money through crowdfunding. They are able to receive feedback and test concepts so their products will really do what they were designed to do and expert advice from health technology executives, who have "been there and done that." Our goal is to become the destination of choice for people building technologies that will help make the world a healthier place."

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Paul Fox
General Partner, CalCEF Clean Energy Angel Fund

Paul is a cleantech veteran, having worked as an engineer, strategy consultant, and CEO of several start-ups. He combines operational experience in seven countries, early-stage technology marketing and finance, and deep networks in the clean-tech community. Paul was the founder of tech2mkt, a technology commercialization firm and venture partner to several investors, governments and R&D institutions. Previously, Paul was founding CEO of SC Power Systems, a grid-scale energy technology company now listed on the AIM as Zenergy Power (ZEN). Before that, he was VP Operations Development at Flextronics and the CEO of a fuel cell company backed by Flextronics. In other roles, Paul built the first mobile phones made in Hungary; was a strategy consultant at PA Consulting Group during the de-regulation of the electricity and water markets; and was operations manager for one of Australia's largest construction organizations. Paul began his career building water and power systems in remote localities.

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Lead Facilitator:
Larry Kane
Corporate Partner, Emerging Companies Group Member, Orrick, Herrington & Sutcliffe LLP

Larry Kane, a San Francisco corporate partner, represents newly formed and emerging companies as well as more established companies in a wide range of transactions.
His representative transactions include formation, angel and venture capital financing, mergers and acquisitions, joint ventures and partnerships, lease and licensing transactions, private and public offerings of securities. He also has been active in forming venture capital and related funds.
Mr. Kane represents public companies such as Applied Materials and SUMCO and private companies such as Altius Education, 28msec, Blue Ocean Mariculture, Bexel Pharma, Bighardhat.com, IGX, Cloudmark, ROFO.com, Renewvia Energy Corporation, Verde Power Supply, Inc., RCDB, Breezyprint, Three D Spirits, L&P Spirits, Sake2me, Vivo and Another Planet Entertainment LLC.
Mr. Kane also represents a number of private equity and financial companies including, Blue Horizon Equity, LLC, Consor Capital, C-Tech Capital and UC Santa Barbara Foundation.
Mr. Kane also has been the coach of the Varsity Wrestling Team of Galileo Academy of Science, a public high school in San Francisco, since 1993. Mr. Kane was recently named to the Galileo Academy's Sports Hall of Fame and the Penfield High School Sports Hall of Fame.
In April 2005 and 2009, Mr. Kane was also appointed (and then reappointed) to a 4-year term to the San Francisco Library Commission by Mayor Gavin Newsom. Mr. Kane also serves on the Board of Directors of Aim High Academy, Greatschools.net, Pivot and the San Francisco School Alliance, and provides pro bono legal services to a number of charitable organizations, including the Hispanic Scholarship Fund, BusinesKind and the California Historical Society.
Mr. Kane also served as the President of the Columbia University Alumni Club of Northern California from 1991 to 1996 and serves as a member of the National Counsel to Columbia College.
Mr. Kane has spoken in numerous panel forums relating to corporate law and venture capital financings for the California State Bar, Practicing Law Institute, the HAAS School of Business and a variety of business associations. Mr. Kane has spoken widely regarding new legal issues relating to private companies arising from the Sarbanes-Oxley Act.

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