Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist

Lots of useful information. Definitely read this as an early stage entrepreneur to equip yourself with necessary knowledge required to navigate fundraising.Biggest takeaways:1) Have multiple VC firms competing to get best deal2) Know your top three outcomes and focus on those. Don’t negotiate on everything.

As our consultancy has started to transition into a venture firm, I picked up this book to help me learn more about the VC world and how it all comes together. I needed to gain a better understanding of the bigger picture, and grasp the roles and points of view from each side of the table. Brad and Jason did a fantastic job of painting the venture landscape, and they characterized each party’s involvement in an easy-to-understand way.While I think this book would be incredibly valuable for any businessperson, I think it’s especially helpful to young entrepreneurs like myself. I can’t imagine what it would be like to try and figure this all out on my own after being handed a resource like Venture Deals. I especially appreciated the comments from Matt Blumberg (CEO of Bolster) that provide the entrepreneur’s perspective, and I love that these guys focus their attention on the founders - because without them there wouldn’t be any deals to be made at all.A big thanks to the authors, and I look forward to picking up more of their books in the future. I’ll be recommending this one to many founders, VC’s, and lawyers as I continue along my journey into the venture universe and build companies that create a long-lasting, positive change.

good book

Content book is cool but the presentation with a paper override the book it’s not cool to save or present in your library

Great book. Practical, insightful, and deep. Easy to read cover to cover and equally as easy to use as a guide and look parts up as you need/go.

Required reading for my MBA. Great insights.

Let’s face it, a contract offered by a VC who does the deal 50 times a year is going to be advantageous to them. You’ve never done this deal. You need this book.Also, pick one simple issue from this book, like employee option pool, and ask your attorney how that issue impacts your valuation. If he doesn’t have a ready answer, he’s the wrong attorney. Remember, the VC attorney does this deal 50 times a year.

The media could not be loaded. This book is a must have. What are your stock rights in a complex capital structure with multiple rounds of raising money? Who gets paid back first? What is a flat round, up round, or a cram down. How does dilution work? Great Book!!!!