Jan 27 2020

What’s New In Venture Deals, 4th Edition

Jason Mendelson and I recently published the 4th Edition of Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist.

The book now has three forewords – one by each of Fred Wilson (USV), James Park (Fitbit), and Dick Costolo (now 01 Advisors, then Twitter).

The 1st edition had 13 chapters. We are now up to 19.

  1. The Players
  2. Preparing for Fundraising
  3. How to Raise Money
  4. Overview of the Term Sheet
  5. Economic Terms of the Term Sheet
  6. Control Terms
  7. Other Terms of the Term Sheet
  8. Convertible Debt
  9. The Capitalization Table
  10. Crowdfunding
  11. Venture Debt
  12. How Venture Capital Funds Work
  13. Negotiation Tactics
  14. Raising Money the Right Way
  15. Issues at Different Financing Stages
  16. Letters of Intent: The Other Term Sheet
  17. How to Engage an Investment Banker
  18. Why Do Term Sheets Even Exist?
  19. Legal Things Every Entrepreneur Should Know

The new chapters in this edition are 11. Venture Debt (with help from SVB), and 17. How to Engage an Investment Banker (with help from Golding Partners).

We also significantly updated Chapter 2: Preparing for Fundraising and Chapter 19: Legal Things Every Entrepreneur Should Know (with help from Cooley).

As with each edition, we cleaned up stuff throughout the book.

Finally, we updated the website which is now at VentureDeals.com.

For everyone who has read the book, given us feedback, used it in a course, or recommended it to someone, thank you!