Websites & Articles
Venture Capital: An overview of trends, strategies, and structural issues. Note that this is a little dated - see the "Term Sheet for First Round Venture Capital" below for something a little more recent, although less detailed.
"A few years ago, we open-sourced some of our data-driven diligence methodologies. We’re now building “capital-as-a-service” (CaaS) with the goal of democratizing access to capital. Through CaaS, we’ve analyzed thousands of companies and invested in dozens. We’re currently in private beta, but soon entrepreneurs around the world will be able to apply for capital based on what they’ve built versus who they know or what they look like."
A roundup of recent venture capital related news.
It's commonly believed that it's impossible to get the attention of an investor during the summer because they're all on vacation. Think again.
Nowadays, it seems like venture capitalists are an endangered species, but your chances of finding VC funding are better than you think.
FundingPost connects entrepreneurs with Angel and VC investors, both online and at live regional events.
A corporate finance guide available for purchase with practical advice for the entrepreneurial manager.
Wondering what your pre-money valuation will be if a VC ever puts a term sheet on the table? Answer the following questions, and we'll calculate an approximate range for you. Of course, every situation is different, so your mileage may vary.
This article will give you a leg-up in your funding deal by discussing the areas of weaknesses for entrepreneurs.
A venture capital firm talks about their selection criteria and unwritten rules for selecting new ventures to invest in.
"NVCA is the venture capital industry's source for advocacy, networking, professional development and reliable and timely information."
The changing environment for companies seeking venture funding.
"PitchBook is an independent and impartial research firm dedicated to providing premium data, news and analysis to the private equity industry."
"Private Equity Hub is an interactive forum for the private equity community... Its mission is simple: To help you do your job better, by feeding your head with news and views from/about your peers."
"The MoneyTree Survey is a quarterly study of venture capital investment activity in the United States. As a collaboration between PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association, it is the only industry-endorsed research of its kind."
This article describes, and links to, a model entrepreneur-friendly term sheet. One of the goals is to reduce the amount of time and money that goes into term sheet negotiations. The article briefly describes the rationale for eliminating participation with preferred stock, imposing a 1x liquidation preference, and enacting a single trigger vesting acceleration upon acquisition.
"Guy Kawasaki says: 'I get pitched dozens of times every year, and every pitch contains at least three or four of these lies. I provide them not because I believe I can increase the level of honesty of entrepreneurs as much as to help entrepreneurs come up with new lies. At least new lies indicate a modicum of creativity!'"
Guy Kawasaki says: "Venture capitalists are simple people: we've either decided to invest, and we are convincing ourselves that our gut is right (aka, 'due diligence') or there's not a chance in hell. While we may be simple, we're not necessarily forthcoming, so if you think it's hard to get a 'yes' out of venture capitalist, you should try to get a conclusive 'no.'" (Note: Guy's original article at http://blog.guykawasaki.com/2006/01/the_top_ten_lie.html appears to be down so this link goes to the PDF version of his talk.)
"You probably don't have a clue what it really costs to raise the capital you need to fund your business. This expert spells it out for you."
"TheFunded.com is an online community of entrepreneurs to research, rate, and review funding sources worldwide. In addition, TheFunded.com allows entrepreneurs to view and share term sheets, to assist one another finding good investors, and to discuss the many facets of operating a business."
VC Experts serves the needs of the private equity and venture capital communities with its anchor product, The Encyclopedia of Private Equity and Venture Capital by combining substantive commentary on the private equity and venture capital industries with online learning courses. The VCExperts.com site includes current industry news, weekly commentary, and the online University and 4,000 page Encyclopedia of Private Equity and Venture Capital.
A no-nonsense, 70-page guide to venture capital. Explains what VC is, who it's for, and how to get it.
"Ask The VC was created in 2006 by Brad Feld and Jason Mendelson. Today, all four managing directors of Foundry Group blog about what entrepreneurs want to know about."
"Wouldn't it be cool to see every venture firm in the US on an interactive map?" So asks Matt Winn, architect of Venture Capital Database (VCDB). VCDB is a tool for entrepreneurs and other startup enthusiasts to locate venture capital firms. You can search by entering a location into the search box, or by using the interactive map feature. You can also search for keywords in firm and venture professional bios. The bios include information regarding investment sector focus, histories, and affiliations.The database currently includes 492 venture firms, 863 locations, and 6774 professionals.
Term Sheets & Valuations
An Inside Look at the Intricacies of Venture Capital Term Sheets & Valuations
Venture Management Handbook
An entrepreneur’s practical guide to stock, finance, and contracts.
Disclaimer: Inclusion in this directory does not constitute an endorsement. The materials linked to from this page are copyrighted to their respective owners.