Recommended: “Venture Deals”

I don’t know any entrepreneurs that love raising money.

It’s usually a necessary part of startups, but most entrepreneurs I know have their passion directed at their product, market, and customers, NOT at investment deal minutia.  Also, for funding rounds, entrepreneurs have to deal with a skill and experience imbalance.  A startup entrepreneur may raise funding every other year or so, while her venture investors are doing many investment deals a year. It’s no wonder that many entrepreneurs rate the funding process like a dental visit.

But, there’s some good news for entrepreneurs:  I just got Venture Deals by Brad Feld and Jason Mendelson.  I will be handing this book out like candy — I can’t recommend it enough.  It’s an excellent overview of how venture deals work, combining a perfect blend of investment mechanics with practical advice.  We’ve needed a book like this for a long time.

Even if you’ve been through the funding process a few times, it’s worth reading.  If you don’t agree, I’ll buy your copy.

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