Total Page : 288
Publisher : McGraw Hill
Publication Date : 2007 09 10
>> Well written and easy to understand highly recommend
Just finished the book Very good understanding of how the VC game is played This book will help entrepreneurs formulate a targeted biz plan with a better chance of funding
Well written and easy to understand highly recommend
>> Well Done A Must Read For All Entrepreneurs
I wanted to gain a better understanding of venture capital financing for purposes of my own professional development and to expand the services I offer as a CFO consultant As I searched out different books on the subject I came across Dermot Berkery s Raising Venture Capital for the Serious Entrepreneur This book was exactly what I was looking for
Mr Berkery provides his readers a clear and complete understanding of every aspect of venture capital Some of the areas that were quite helpful included understanding the unique cash flow and risk dynamics of an early stage venture how much capital to raise and when creating winning business plans not what you have read in other books how to value early stage ventures and negotiating all facets of a term sheet
In addition to his clear writing style he provides well thought out explanatory exhibits mini cases and exercises all of which reinforce the concepts in a meaningful way
I would highly recommend this book to any entrepreneur and those that support them who really wants to and needs to understand venture capital as a funding source And if there are college professors out there teaching venture capital this book has to be the one you use as a textbook Mr Berkery s depth of experience in the venture capital world comes through clearly in his writing he knows what he is talking about and has a great way of explaining it to those who want to learn more
William M Wright II CPA
Chesapeake VA USA
>> Excellent introduction to the subject
I m an experienced senior manager who has made acquisitions and initiated new businesses from the corporate side but this book gave me a lot of new insight It does an excellent job of explaining what venture capitalists are looking for and how entrepreneurs should interact with them The subject of how to assess the value of a startup was good although as you might expect somewhat general I also appreciated the insight on what investors in various finance rounds need to do to protect their investments An early round investor for example could get wiped out in a later round even though the founders and later investors do fine if the company valuation doesn t increase as expected The book also includes a lot of detail on the elements of a term sheet and what to look out for Five stars for sure
