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.

The PlayersPreparing for FundraisingHow to Raise MoneyOverview of the Term SheetEconomic Terms of the Term SheetControl TermsOther Terms of the Term SheetConvertible DebtThe Capitalization TableCrowdfundingVenture DebtHow Venture Capital Funds WorkNegotiation TacticsRaising Money the Right WayIssues at Different Financing StagesLetters of Intent: The Other Term SheetHow to Engage an Investment BankerWhy Do Term Sheets Even Exist?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!

Original author: Brad Feld