November 5, 2003

Debt Financing in the Venture-Backed Company: When, Why and How?
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• Should an emerging company use debt as well as equity in its capital structure?
• How soon and for what purposes?
• Who are reliable providers of debt in this market, and what happens when the business plan falters?

Moderator:
Pamela J. Martinson, Partner, Bingham McCutchen LLP

Panelists:
Oren Zeev from Apax Partners
Laura Brege, Partner, Red Rock Ventures
Jon Krogstad from Venture Banking Group
Maurice Werdeger from Western Technology Investments

Our panel of experts will answer these questions and more regarding the use of debt and lease financing by venture backed companies. The panel includes a banker, a non-bank lender and equipment lessor, a lawyer and venture capitalists to discuss all sides of the issues. You will learn the pros and cons of borrowing and leasing, how to negotiate a line of credit, who's in the market today, and what to do when times turn hard. Bring your questions!

Date: November 5, 2003