LES High Tech Sector Webinar
The IP in IPO: IP Valuation Lessons from Recent Public Exits
Wednesday May 22, 2019
1:00 pm - 2:00 pm Eastern Time
10:00 am - 11:00 am Pacific Time
The year 2019 is shaping up to be a record year for IPOs: from iconic brands like Levi Strauss, to technology disruptors like Lyft and Pinterest, billions of dollars in valuations have been realized through public exits, providing hefty returns to investors and shareholders. When it comes to understanding what triggers the enormous valuations of some of these companies (commonly known as "Unicorns" - a private startup with a valuation in excess of $ Billion), an interesting question to explore is the role that IP assets play in driving the valuation. One thing we know from a previous study done on Unicorns, is that most of them hold very little patents, if any. In this webinar, we will analyze four of the recent IPOs involving different business models and IP assets, and try to understand how the value of these assets is reflected in the value of the initial public offering.
Some of the learning objectives of this webinar include:
- What role does IP play in startup valuations?
- What types of IP assets were created by companies who recently went public?
- What types of IP issues frequently emerge pre-IPO and how are companies dealing with them? Do these issues have an impact on valuation?
- How can the value of IP assets be measured pre- and post-IPO?
Monetizing Innovation: Leveraging IP for Funding and Growth
Wednesday May 22, 2019
6:00 pm - 9:00 pm Pacific Time
Procopio, 1117 California Ave, Suite 200
Palo Alto, CA 94304
Want to leverage your intellectual property (IP) for fundraising and exit? Want to become a Unicorn but not sure how your IP portfolio can support your valuation and growth? IP assets are the most valuable assets for high-tech startups, and yet companies are often struggling with how to manage and grow these assets so they adequately protect their core ideas and products, while at the same time increase corporate value and gain a competitive edge in the marketplace.
This is not a legal session, but rather a session exploring the intersection of IP management and corporate value, and is based on the curriculum of Ms. Kasznik's MBA class at the Stanford Graduate School of Business. Some of the topics that will be covered include:
- How to create an IP portfolio that will increase your startup valuation
- How to leverage your IP assets for funding.
- What are the types of IP value that investors are looking for
- What are the common valuation methods for valuing IP
- What are some of the mistakes to avoid when managing an IP portfolio for startup growth
- How does IP impact Unicorn valuations
Efrat Kasznik, President, Foresight Valuation Group, LLC
Efrat Kasznik is President of Foresight Valuation Group, LLC, a Silicon-Valley based IP valuation and strategy consulting firm, and a Lecturer at the Stanford Graduate School of Business. Efrat is a valuation and intellectual property expert with two decades of consulting experience, focusing on assisting IP holders across industries with the creation, commercialization and monetization of their intangible assets. She helps clients, ranging in size from Fortune 100 companies to start-ups, with IP and business valuations in support of licensing deals, IP and technology acquisitions, M&A transactions, financial reporting, strategic planning and fundraising. She frequently serves as a testifying expert in disputes involving IP and startup valuations and damages. Efrat currently serves as Chair of the High-Tech Sector - LES USA-Canada, and has been recognized as one of the top IP strategists in the world by IAM every year since 2013