Raising money links

Negotiate Term Sheets

• Ideal first round funding terms blog post by Chris Dixon. Chris is co-founder of Hunch and “personal investor in early-stage technology companies, including Skype, TrialPay, Gerson Lehrman Group, ScanScout, OMGPOP, BillShrink, Oddcast, Panjiva, Knewton, and a handful of other startups that are still in stealth mode”
• 5 minute Primer on Venture Capital Term Sheets
• How to Negotiate a Term Sheet
• How Terms are more Important than your Valuation
• Generate Your Term Sheet
• Book To Read About Venture Capital – Smarter Ventures
• Raising Venture Capital: A Primer for 1st-time Entrepreneurs
• Both sides of the table – serial entrepreneur turned VC with advice on term sheets and funding

Starting a company

• The Knack: How Street-Smart Entrepreneurs Learn to Handle Whatever Comes Up – useful description of how to work backwards from what you will count as success (x sales) to what you need (y sales visits… but you only have 0.3 y hours in the day)
• Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths – awesome about building a company for acquisition (guaranteed success) rather than IPO (probable failure for a chance at “hit it out of the ballpark” success)