If you have ever considered starting up your own business, or maybe you have just created your startup and need to raise funds but feel a bit overwhelmed, you need to read the book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson. It is a complete guide to venture capital from raising money to selling the business.
The book covers the various sources of funding that are available in great detail including crowdfunding and convertible debt. Because the term sheet is so important, there are four chapters dedicated to it.
Throughout all the chapters, there is an “Entrepreneur’s Prospective” which is very useful to the startuper.
Probably the best feature of the book is the sample term sheet at the end.
So if you are planning or working on your startup and need additional capital, I recommend you get Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist.