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One Book Every Entrepreneur and VC Should Own
July 30, 2011 /
When I first started as a startup CEO in 1999 there were no guides on raising venture capital. There were no explanations for all of the confusing details outlined in a term sheet.
Drag along rights? Um, OK. That sounds fine to me. I barely understood it. I asked my lawyer for an explanation. He gave me the human explanation for what the term meant. It sounded logical enough, so I moved on to the next point. Only later did I learn how it could be used to screw me.
Mark Suster
Full Story: http://techcrunch.com/2011/07/25/one-book-every-entrepreneur-and-vc-should-own/
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