August 6, 2012

Venture Deals explains it all

Venture Deals, by Brad Feld and Jason Mendelson, is a highly useful, and highly readable, overview of how venture capital works, with lots of very-specific examples and descriptions.

This isn’t a high-concept book full of abstractions; it’s a detailed explanation of the people and vocabulary you’ll encounter in the VC world. And it’s more than definitions: it also explains the reasoning and motivations.

I have been building a startup for twenty years, have been involved in several acquisitions and funding events, and I learned a lot from this book. It got me thinking about my business in a new way. If you’re at all interested in raising money for a business, or even if you just want to understand how this important part of our economy works, I highly recommend it.

Nota bene: This isn’t any kind of coded message about Logos. It’s just a book I read and really liked.

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