Venture deals be smarter than your lawyer and venture capitalist
Get the inside scoop on what venture capitalists want to see in your startup as you hit the fundraising trail. This is the highly anticipated third edition of the best-selling book which has become the definitive resource for understanding venture capital fundraising. Whether you are an entrepreneur...
| Otros Autores: | , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
Wiley
2016.
|
| Edición: | Third edition |
| Colección: | THEi Wiley ebooks.
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009623437306719 |
Tabla de Contenidos:
- Intro
- Venture Deals
- Contents
- Foreword
- Foreword
- Preface
- Acknowledgments
- Introduction: The Art of the Term Sheet
- Chapter 1 The Players
- The Entrepreneur
- The Venture Capitalist
- Financing Round Nomenclature
- Types of Venture Capital Firms
- The Angel Investor
- The Syndicate
- The Lawyer
- The Mentor
- Chapter 2 How to Raise Money
- Do or Do Not-There Is No Try
- Determine How Much You Are Raising
- Fundraising Materials
- Short Description of Your Business
- Executive Summary
- Presentation
- Business Plan
- Private Placement Memorandum
- Detailed Financial Model
- The Demo
- Due Diligence Materials
- Finding the Right VC
- Finding a Lead VC
- How VCs Decide to Invest
- Using Multiple VCs to Create Competition
- Closing the Deal
- Chapter 3 Overview of the Term Sheet
- The Key Concepts: Economics and Control
- Chapter 4 Economic Terms of the Term Sheet
- Price
- Liquidation Preference
- Pay-to-Play
- Vesting
- Exercise Period
- Employee Pool
- Antidilution
- Chapter 5 Control Terms of the Term Sheet
- Board of Directors
- Protective Provisions
- Drag-Along Agreement
- Conversion
- Chapter 6 Other Terms of the Term Sheet
- Dividends
- Redemption Rights
- Conditions Precedent to Financing
- Information Rights
- Registration Rights
- Right of First Refusal
- Voting Rights
- Restriction on Sales
- Proprietary Information and Inventions Agreement
- Co-Sale Agreement
- Founders' Activities
- Initial Public Offering Shares Purchase
- No-Shop Agreement
- Indemnification
- Assignment
- Chapter 7 The Capitalization Table
- Chapter 8 Convertible Debt
- Arguments For and Against Convertible Debt
- The Discount
- Valuation Caps
- Interest Rate
- Conversion Mechanics
- Conversion in a Sale of the Company
- Warrants
- Other Terms.
- Early-Stage versus Late-Stage Dynamics
- Can Convertible Debt Be Dangerous?
- An Alternative to Convertible Debt
- Chapter 9 Crowdfunding
- Product Crowdfunding
- Equity Crowdfunding
- How Equity Crowdfunding Differs
- Chapter 10 How Venture Capital Funds Work
- Overview of a Typical Structure
- How Firms Raise Money
- How Venture Capitalists Make Money
- Management Fees
- Carried Interest
- Reimbursement for Expenses
- How Time Impacts Fund Activity
- Reserves
- Cash Flow
- Cross-Fund Investing
- Departing Partners
- Corporate Venture Capital
- Strategic Investors
- Fiduciary Duties
- Implications for the Entrepreneur
- Chapter 11 Negotiation Tactics
- What Really Matters?
- Preparing for the Negotiation
- A Brief Introduction to Game Theory
- Negotiating in the Game of Financings
- Negotiating Styles and Approaches
- The Bully (aka UAW Negotiator)
- The Nice Guy (aka Used-Car Salesman)
- The Technocrat (aka Pocket Protector Guy)
- The Wimp (aka George McFly)
- The Curmudgeon (aka Archie Bunker)
- Always Be Transparent
- Collaborative Negotiation versus Walk-Away Threats
- Building Leverage and Getting to Yes
- Things Not to Do
- Great Lawyers versus Bad Lawyers versus No Lawyers
- Can You Make a Bad Deal Better?
- Chapter 12 Raising Money the Right Way
- Don't Be a Machine
- Don't Ask for a Nondisclosure Agreement
- Don't Email Carpet Bomb VCs
- No Often Means No
- Don't Ask for a Referral If You Get a No
- Don't Be a Solo Founder
- Don't Overemphasize Patents
- Chapter 13 Issues at Different Financing Stages
- Seed Deals
- Early Stage
- Mid and Late Stages
- Chapter 14 Letters of Intent-The Other Term Sheet
- Structure of a Deal
- Asset Deal versus Stock Deal
- Form of Consideration
- Assumption of Stock Options
- Representations, Warranties, and Indemnification
- Escrow.
- Confidentiality/Nondisclosure Agreement
- Employee Matters
- Conditions to Close
- The No-Shop Clause
- Fees, Fees, and More Fees
- Registration Rights
- Shareholder Representatives
- Chapter 15 Why Do Term Sheets Even Exist?
- Constraining Behavior and the Alignment of Incentives
- Transaction Costs
- Agency Costs and Information Asymmetry
- Reputation Constraints
- Chapter 16 Legal Things Every Entrepreneur Should Know
- Intellectual Property
- Employment Issues
- State of Incorporation
- Type of Corporate Structure
- Accredited Investors
- Filing an 83(b) Election
- Section 409A Valuations
- Authors' Note
- Appendix A: Sample Term Sheet
- Appendix B: Sample Letter of Intent
- Appendix C: Additional Resources
- Foreword to the First and Second Editions
- Glossary
- About the Authors
- Index
- Read on for an excerpt from Brad Feld's: Startup Communities
- Chapter Three Principles of a Vibrant Startup Community
- Historical Frameworks
- The Boulder Thesis
- Led by Entrepreneurs
- Long-Term Commitment
- Foster a Philosophy of Inclusiveness
- Engage the Entire Entrepreneurial Stack
- EULA.
