Venture Deals
by Brad Feld and Jason Mendelson · 2011
Be smarter than your lawyer and your VC.
About
How venture financings and term sheets actually work, clause by clause.
Official summary
Walks through the mechanics of raising venture capital: the players, the term sheet clause by clause (economics and control), how VC funds work, negotiation tactics, and acquisition letters of intent.
Why it’s an important read
Read it before you raise, or you'll negotiate terms you don't fully understand. It closes the information gap between founders and investors.
