WHAT IS THE STARTUP SEMINAR? The Startup Seminar is designed to examine the challenges faced by the founders and funders of new ventures. The seminars are open to current students within any of the graduate programs at the University of Virginia (e.g., Darden [MBA & EMBA], Law, Leadership & Public Policy, Education, Engineering, etc.).
The seminar series is the result of a collaboration between the UVA Office of Graduate and Postdoctoral Affairs and the Darden School of Business Batten Institute, with support from the Office of the Provost.
The weekly sessions are a mix of case discussions, workshops, and guest panels covering a range of topics: problem identification, design thinking, market context, hypothesis-driven prototypes, business models, investor presentations, founders agreements, intellectual property, sources of funding, etc.
WHO'S IT FOR? Any graduate student at the University of Virginia
WHEN IS IT? Most Mondays 4:30pm-5:30pm EST from 31 Jan - 18 Apr
WHERE IS IT? Virtual
HOW DO I SIGN UP? Contact David Touve, Senior Director, Applied Innovation, Batten Institute
31 January 2022: Anatomy of a Startup
Let's start this Spring's series by returning to a startup pitch we discussed at the start of our Fall series: Jane Chen and her company's novel solution, Embrace, to care for children in developing countries born premature. However, this time around, we will treat the company like a startup born from University research to highlight how the context and process for launching this startup might be different.
7 February: Starting Up and Staging Risk
How does a company "start" and how does ownership take shape for the founders? How do founders and investors “tease out” the risk/uncertainties along the way, and how do their respective ownership stakes change? The early history of the relationship between Genentech and VC Kleiner Perkins will provide the story supporting our discussion.
14 February 2022: Founding Teams and Agreements
Just in time for Valentine's Day, Our job for today's discussion is to gain some insight into the challenges that can emerge among founding teams as they attempt to agree — at the birth of the company — upon key issues such as: (1) roles & responsibilities, (2) respective ownership interests in the company, and (3) decision-making when the times get tough.
28 February 2022: Incorporation
C Corporation, LLC, Sole Proprietor, Non Profit versus For Profit — how are these types of incorporation different, and why form a company in the first place? During today's session, we will outline and discuss the different types of incorporation, while our guest attorneys will answer your questions along the way.
14 March 2022: Intellectual Property Primer
Today we will discuss the key differences among Copyrights, Trademarks, and Patents alongside a deeper dive into what can (or likely cannot) be patented. Our guests from the UVA Licensing and Ventures Group will help us navigate the issues.
21 March 2022: The Patent Process
So you wanna patent something, do ya! Managing expectations, the patent process can take years to navigate with a range of decision points along the way. Once again, guests from UVA's Licensing and Ventures Group (LVG) will Join us for a background on the patent process: from searches for prior art to interactions with patent examiners, and even international filings.
28 March 2022: The License Agreement
4 April 2022: The Funding Landscape
How might the funding landscape for the commercialization of science be different from that for other startup companies? What are the differences among angel investors, seed funds, venture capitalists? Not to mention, what different types of capital can these individuals and organizations provide? Joining us today to help answer these questions will be Bob Creeden, Managing Director of the UVA LVG Seed Fund and New Ventures.
11 April 2022: VC Method & Terms
The "derisking" of early stage fundraising also involves a wide variety of opportunities and protections found in the term sheets agreed upon between founders and investors. We will return to the story of Genentech and Kleiner Perkins to understand how these terms impact both founders and investors as the company grows and in the event of an exit.
18 April 2022: Founder Panel
Let's wrap up our Spring series with an opportunity to meet with a small panel of founders who have led startups commercializing inventions or discoveries based upon University research. Throughout the Spring, we have covered just a small sample of the challenges these founders have faced. Now is our chance for an even deeper dive into the experiences of these entrepreneurs.