Venture Deals Review Overview
Venture Deals Review is a series of Office Hours episodes discussing the book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson.
VDR Ch. 16: Legal Things Every Entrepreneur Should Know
In this episode, we discuss wage claims, entity types, accredited v. non-accredited investors, 83(b) elections, and 409A valuations.
VDR Ch. 15: Why Do Term Sheets Even Exist?
In this episode, we discuss what the term sheet negotiation process establishes, as well as transaction costs and reputation constraints.
VDR Ch. 14, Part 2: Letters of Intent
In this episode, we discuss when to ask for a breakup fee, conditions precedent, and extended no-shop periods.
VDR Ch. 14, Part 1: Letters of Intent—The Other Term Sheet
In this episode, we discuss the difference between an asset deal and stock deal, forms of consideration, earnouts, and representations & warranties.
VDR Ch. 13: Issues at Different Financing Stages
In this episode, we discuss runaway valuations, party rounds, and board control.
VDR Ch. 12: Raising Money the Right Way
In this episode, we discuss what your venture attorney’s role is – and isn’t – in raising money, expectations for your Friends and Family Round, and best practices when emailing potential investors.
VDR Ch. 11: Negotiation Tactics
In this episode, we discuss the role of your lawyer in a term sheet negotiation, when and how to walk away from a deal, and the best ways to prepare for a negotiation.
VDR Ch. 10: How Venture Capital Funds Work
In this episode, we discuss typical management fees and carried interest structures, clawback provisions, the difference between capital calls and blind pools, and the difference between corporate VC arms and strategic investors.
VDR Ch. 9: Crowdfunding
In this episode, we discuss product, charity, and equity crowdfunding, company types that best fit crowdfunding, the importance of being familiar with securities regulations and exemptions, and the future of crowdfunding.