Monday, September 14, 2015

Book Review: Be Smarter than your Lawyer and Venture Capitialist

I won't spent to long on this, but if you are the CEO of an early stage startup, I would highly recommend reading: Be Smarter than your Lawyer and Venture Capitialist by Brad Feld and Jason Mendelson.  They go through a platonic term sheet with very practical explanations and commentary.  Once you start down the financing path and someone says they want participating preferred, you don't want your response to be a Donald Trumpian:"I know what that is, but give me more."  You want to have a thought out, principled, response.  Well worth educating yourself on the more common "Gotcha's."