Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist

Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Jason Mendelson and Brad Feld

This book explores the details of venture capital financing. It goes through the process of completing a term sheet, getting financing, and then experiencing the exit. The authors point out areas that they see as important and others that don't really matter. The stress is on what entrepreneurs will need. However, plenty of background on VCs and their challenges are faced. The negotiations should end up with partners rather than adversaries because the VCs and entrepreneurs will be in it for the long haul. To tie it all up, the book includes discussion on negotiation. The book did get a bit technical, but that felt necesary for some of the topic.