Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
Praise for Venture Deals
"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. It happens because VCs are experts in financings and most entrepreneurs are not. Brad and Jason are out to fix that problem with Venture Deals. This book is long overdue and badly needed."
Fred Wilson, Managing Partner, Union Square Ventures
"Feld and Mendelson pa...more
The thing to remember about this book, if you're an entrepreneur, is that it's written by two VCs. Everything you read should be taken critically. The information is still exceedingly useful. There are no overt howlers in this book intended to take advantage of entrepreneurs (or not many and not intentionally). It is written, perhaps unavoidably, with a VC bias, and presents traditional VC-friendly terms as standa...more
The utility would be 5 stars. The other thing I loved was its relative brevity. It had 170 or so pages, probably 70k words, and the restraint that they showed was a feature. I hope that the Kindle brings more brevity to the business bookshelf because most of the business books I read are too long by half. (Michael Lewis, I'm talking to YOU.)
It helps us to understand the startups we're work...more
I'd had Brad Feld's book on my to-read list for some time after I started reading his blog (which is worth subscribing to). I got hold of it recently and put it into the pile of stuff I'm trying to worth through by end of year. It was pretty easy to digest so I made short work of it.
Venture Deals comes from a unique perspective as Feld and Jason Mendelson (his coauthor) have both been on the receiving end of VC deals before going on to become VCs themselve...more
If you intend to seek VC funding at any point in the life cycle of your business this is one of the must read books that needs to be on your shelf.
Written from the vantage point of both VC as well as the Entrepreneur, this book teaches you what's important and what can safely be ignored in financial business transactions.
This is a reference book and a darn good one. One you want to fly through, mark up, and leave on your bookshelf for when you need it. Easy to read and understand.
Anyone considering reading, won't be disappointed. You should also check out their blog, to supplement everything that's contained in this book. Aint' nothing like practical application in present-day contexts
I recommend this book to anyone that has a successful enough start-up to be consider for series-A investing, but somehow hasn't managed to find a great lawyer in the process.