Monday, September 21, 2009

Raising Venture Capital for the Serious Entrepreneur

Raising Venture Capital for the Serious Entrepreneur is a book by Dermot Berkery which helps you in understanding the basics of the venture capital method, raising the finance, valuing the early stage venture and negotiating the deal with term sheets with topics such as Developing a financing map, Getting to the first stepping stone, The Unique Cash Flow & Risk Dynamics of early stage ventures, Determine the amount of capital to raise & what to spend it on, Getting behind how VC firms think, creating a winning business plan, valuing early stage companies, agreeing on a term sheet with a VC, terms for splitting the rewards, allocating control between founders/management & investors and aligning the interests of founders/management & investors.

The book also attempts to answer questions like Why new ventures are not fully funded from the START and also has term sheet exercises to draft a best one for your venture.