
Venture Deals
by Brad Feld and Jason Mendelson · 2011
Be smarter than your lawyer and your VC.
About
The definitive guide to how venture financings and term sheets actually work.
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
You will negotiate terms you don’t fully understand unless you read this first. It levels the information asymmetry between founders and investors.
