Last week I picked up a new Start-up book called Venture Deals by Brad Feld and Jason Mendelson, managing directors at Foundry Group. If you’ve ever wanted to know the process and legalities of venture financing, this book is for you. I’ve always been curious about start-up financing and finding any books about the subject is near impossible. This book covers everything from the players to the process and all the documentation in between.
I’m about 1/2 way through and finding the topic very interesting and helpful in understanding a sometimes complex subject. The major focus is on the term sheet which is full of all sorts of legal terms that entrepreneurs need to understand. Traditionally people would pay their lawyers to teach them this stuff so it makes this great book invaluable.