Free Venture Deals: Be Smarter Than Your Lawyer And Venture Capitalist Ebooks To Download
As each new generation of entrepreneurs emerges, there is a renewed interest in how venture capital deals come together. Yet there is little reliable information focused on venture capital deals. Nobody understands this better than authors Brad Feld and Jason Mendelson. For more than twenty years, they've been involved in hundreds of venture capital financings, and now, with the Second Edition of Venture Deals, they continue to share their experiences in this field with you.Engaging and informative, this reliable resource skillfully outlines the essential elements of the venture capital term sheet--from terms related to economics to terms related to control. It strives to give a balanced view of the particular terms along with the strategies to getting to a fair deal. In addition to examining the nuts and bolts of the term sheet, Venture Deals, Second Edition also introduces you to the various participants in the process and discusses how fundraising works.Fully updated to reflect the intricacies of startups and entrepreneurship in today's dynamic economic environmentOffers valuable insights into venture capital deal structure and strategiesBrings a level of transparency to a process that is rarely well understoodWhether you're an experienced or aspiring entrepreneur, venture capitalist, or lawyer who partakes in these particular types of deals, you will benefit from the insights found throughout this new book.
Hardcover: 272 pages
Publisher: Wiley; 2 edition (December 26, 2012)
Language: English
ISBN-10: 1118443616
ISBN-13: 978-1118443613
Product Dimensions: 6.3 x 1 x 9.3 inches
Shipping Weight: 12 ounces (View shipping rates and policies)
Average Customer Review: 4.8 out of 5 stars See all reviews (223 customer reviews)
Best Sellers Rank: #6,828 in Books (See Top 100 in Books) #3 in Books > Business & Money > Finance > Corporate Finance > Venture Capital #23 in Books > Business & Money > Small Business & Entrepreneurship > New Business Enterprises #110 in Books > Business & Money > Small Business & Entrepreneurship > Entrepreneurship
I am a 2x entrepreneur who has raised over $20M in VC funding, so when i say this is a must-read IF you want to raise money I am speaking out of experience.I wish I had this book in 2007, when I was trying to raise money. Terms like "double ratchet anti-dilution", "preferred", "participation", "vesting pool' or "liquidation events" were all terms that I was completely ignorant about. worst yet, our attorneys had to explain these to me, and at $750/hr it was a costly lesson. $30 for this book would have saved me $1,000's in legal fees, and hundreds of thousands in earnings.Well, but now that i have read this book my long-held view about VCs is further perpetuated.VCs are in the business to accomplish two things: (1) preserve their LP capital (i.e. don't lose money). and (2) earn outsized earning to makeup for all the duds (i.e. take everything you can).Note, "make the entrepreneur lots of money" is not on the list. This is something that the authors and most VCs, including Mark Suster on his talks/blogs will confirm this. As an entrepreneur you end up working for the VCs and will get wealthy if your company ends up being one of the 0.01% of VC companies that have very successful exits. If your company does just "great", or "OK" then expect to earn nothing from the exit - while the VC will walkaway with 2x to 5x of the investment.This is not a bad thing if you expect to be in the 0.01%, but as that number indicates - it's not likely.so lets look at the main two things covered in this book that describe how VCs make money:VCs get their money from pension funds, alternative asset funds, government organizations, and basically any large sources of capital that is looking for risk-adjusted better-than-average returns.
This is the second time in my life I find myself doing the rounds to collect proper money from investors. First time, more than fifteen years ago, I used the Bagley and Dauchy classic “Entrepreneur’s Guide to Business Law” and I thought it was pretty good. This book is quite simply in a different league.The authors, seasoned VC entrepreneurs, have a gift for writing and that’s what carries you through the book. It’s all very serious, of course, but the writing style is as far from dry as you can imagine.So I’m reading this and the only thing that keeps me from saying “OK, boys and girls, this covers everything, it’s the gospel” is the simple fact that if I was a VC I’d write a book that makes the case for the VC’s interests rather than the entrepreneur’s. So from where I stand, and I’m an entrepreneur, I’d want an entrepreneur to have written the book.The authors actually go a long way toward addressing this concern: the summary for every section has actually been written by entrepreneur Matt Blumberg and rather often it’s hardly a summary; it emphasizes different point from Brad Feld’s, lending credibility to the book and making the reader more comfortable.So this is basically a tremendous book and if you’re raising money you need to buy it and read it.
Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist The Lincoln Lawyer (A Lincoln Lawyer Novel) Banker's Guide to New Small Business Finance, + Website: Venture Deals, Crowdfunding, Private Equity, and Technology (Wiley Finance) Deal Terms: The Finer Points of Venture Capital Deal Structures, Valuations, Term Sheets, Stock Options and Getting Deals Done (Inside the Minds) Venture Capital Handbook: An Entrepreneur's Guide to Raising Venture Capital, Revised and Updated Edition Crowdfunding Success: The New Crowdfunding Revolution: How to raise Venture Capital for a Startup or fund any dream with a successful Crowdfunding Campaign ... Venture Capital, fundraising, , startup) The Ambitious Capitalist's Guide to Investing in GOLD: How to Invest in GOLD without Getting Your Fingers Burned! (Precious Metals) (Volume 1) The Genius of Dogs: How Dogs Are Smarter Than You Think The Wisdom of Crowds: Why the Many Are Smarter than the Few Smarter Bank: Why Money Management is More Important than Money Movement Pequeño cerdo capitalista: Finanzas personales para hippies, yuppies y bohemios [Small Capitalist Pig: Personal Finance for Hippies, Yuppies and Bohemians] The Labour Debate: An Investigation into the Theory and Reality of Capitalist Work The Mushroom at the End of the World: On the Possibility of Life in Capitalist Ruins The New Capitalist Manifesto: Building a Disruptively Better Business Buffett: The Making of an American Capitalist Post-Capitalist Society How China Became Capitalist Stitched Up: The Anti-Capitalist Book of Fashion (Counterfire) Adventure Capitalist: The Ultimate Road Trip Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
