Great Sources of Venture Capital Funding Information
March 2nd, 2007 by Benjamin KuoI’m often asked by entrepreneurs for some good sources of information about the basics of venture capital funding, and in particular materials which would be helpful for them read before thinking about venture capital, and even before engaging attorneys and others about assistance. There are two publications I’d like to point out (which you can download in our Startup section).
Mike Colwin, SVP of Sales at Bowne, a provider of financial publishing services, recently gave us a great publication to post on our Startup section, entitled Venture Capital: A Practical Guidebook for Capital-Seeking Business Owners, Managers, and Advisors. This is a great book which covers the basics of the venture capital process, and delves into things like term sheets, how venture capital financings are typically structured, and goes into valuation, what to expect in a VC transaction, and areas such as anti-dilution provisions, exit strategies, and a walk through of an actual term sheet. It also has a handy glossary of venture terms. I’d recommend it highly.
Another handy publication which we’ve had posted (courtesy of Randy Churchill at PricewaterhouseCoopers) is Three Keys to Obtaining Venture Capital, which covers the venture capital process and writing a business plan. I’d also recommend downloading and reading this piece.
