Private Market Valuations During Periods of Heightened Market Volatility - Virtual Fireside Chat

Dear SAIA community,

As we are all grappling with the uncertainty of the current environment, we have decided to host a series of virtual events in place of our traditional schedule. Our focus remains on providing educational opportunities and bringing in experts to address topics relevant to the current environment. To that end, we are excited to introduce our first event focusing on private market valuations during periods of heightened volatility, which is scheduled for July 16^th. Speakers include valuation experts and venture and growth equity managers. The discussion will include topics such as:

Lessons learned from 2008

Key considerations and inputs for models, with examples from Q1 and Q2

The impact of public market performance on lagged private marks

For more information about our speakers and to register, please see below:

Event Details & Registration (Free):

Date: July 16th, 2020

Time: 2:00PM (PT)

Location: Online

CLICK HERE TO REGISTER:

Speakers: 

Steve Gillan - COO & CFO

Blumberg Capital

Steve is the chief operating officer (COO) and chief financial officer (CFO) at Blumberg Capital. Based in San Francisco, he brings extensive operating and board experience from his years in venture capital leading high growth startups through acquisitions and IPO preparation, and from his time in senior-level finance and operating positions with publicly traded companies

Prior to joining Blumberg Capital, Steve served as CFO at Azure Capital Partners and was previously CFO at e-commerce startup Mercantila, CFO/COO at marketing technology company Fathom Online and CFO at e-commerce company Alibris.

Steve serves as a member or observer on the board of directors of Bento for Business and Deep Instinct.

Steve earned his MBA from The University of Chicago Booth School of Business and a B.S. in accountancy from the University of Illinois.

Stephen Hyndman - Partner & CFO

GGV Capital

Steve Hyndman has served as GGV Capital’s Chief Financial Officer since 2005. He has over 30 years of financial, venture capital, and operational experience in Silicon Valley-based technology enterprises.

He was previously CFO of Prospero Ventures, a venture capital firm focused on early-stage technology companies, and CFO of the U.S. subsidiary of ASCII Corporation, a Tokyo-based technology and media company making strategic investments throughout North America. Steve also served as CFO of a publicly traded software company and held various financial and operating positions.

Steve is a graduate of Santa Clara University, where he earned a B.S. in Commerce (cum laude) and Juris Doctor. He also studied international business at the Instituto de Estudios Europeos in Madrid, Spain.

Bill Salisbury - Operating Partner, CFO, CCO

Mainsail Partners

Bill is Mainsail’s Chief Financial Officer and Chief Compliance Officer and works with Mainsail’s portfolio companies to help them scale their financial operations as they migrate from bootstrapping to mature operating models. Bill also helps the investment team at Mainsail evaluate new investment opportunities. 

Prior to joining Mainsail, Bill was CFO of Hearsay Social, a privately-held enterprise software company offering an advisor-client engagement platform for financial services companies, where he oversaw finance, accounting, legal and people operations. From 2011 to 2014, Bill was CFO of Avast Software, a privately held security software company, during a period of significant growth and evolution in its business and capital structure. Previously, Bill served as CFO of Crescendo Bioscience, a privately-held molecular diagnostics company, which he joined prior to product release, building the finance organization and driving capital raising activities including the innovative financing transaction that ultimately led to Crescendo’s acquisition by Myriad Genetics. From 1994 to 2008, Bill served as an officer, most recently Managing Director, in Morgan Stanley’s Investment Banking Division, where he advised senior management of technology companies on initial public offerings and other equity and debt financings. Bill started his career in law practice with Davis Polk & Wardwell.

Bill received an A.B. in International Relations, with distinction, from Stanford University and a J.D. from Harvard Law School.

Moderator:

Matthew Goldberg - Valuation & Business Analytics Principal

BDO Valuation

Matthew Goldberg is a principal in BDO’s Valuation and Business Analytics practice and leads the group’s Financial Services, Complex Financial Instruments, and Hard-to-Value Assets services. He offers more than 15 years of advisory and financial services experience when working with clients to provide advisory services that achieve a range of business and strategic objectives. In addition to providing valuation services, his practice provides model validation, risk management, and asset liability management consulting services.

Matthew has extensive experience valuing a wide range of debt products and complex derivatives including adjustable stock options and warrants, restricted stock units, performance-based shares, convertible debt instruments, municipals, a variety of credit products and other hedging instruments such as interest rate swaps and put/call strategies. 

He has been involved in numerous engagements including assisting management in strategic planning, performing projects for financial reporting and tax reporting, and providing advisory services related to mergers and acquisitions. Matthew has also worked on numerous valuation assignments for purposes of ASC 718 and ASC 805 intangible asset valuation and purchase price allocations, ASC 350 goodwill impairment analyses, and international tax valuations.

We look forward to hosting you!

SAIA Board

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