Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
View on Amazon →"Failure is a key part of entrepreneurship, but, as with many things in life, attitude impacts outcome."
A practical guide that demystifies venture capital financing for entrepreneurs. Feld and Mendelson, experienced VCs themselves, break down the complexities of term sheets, due diligence, and deal-making with clarity and actionable advice. This book has become the go-to resource for entrepreneurs navigating their first institutional funding rounds.
Essential for any founder raising venture capital. This book literally puts you on equal footing with your VC and lawyer by explaining the terminology, concepts, and deal structures that often confuse entrepreneurs. Understanding these principles can save you millions in unnecessary dilution and unfavorable terms.
- Term sheet fundamentals and what each clause really means
- How VCs think about valuation and equity allocation
- Negotiation strategies that protect founder interests
- Post-funding management and governance best practices
- Highly US-centric and may not apply to international VC markets
- Updates needed as venture capital practices continue to evolve
- Dense with legal terminology that requires focus to absorb fully
"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. Brad and Jason are out to fix that problem with Venture Deals."
Fred Wilson, Founder, Union Square Ventures"It's like having a venture capitalist as a best friend."
Emily Mendell, VP Communications, National Venture Capital Association