…, the bookskillfully outlines the essential elements of the venture capitalterm sheet—from terms related to economics to those related tocontrol. Feld and Mendelson strive to give a balanced view of theparticular terms along with the strategies to getting to a fairdeal. In addition to examining the nuts and bolts of the term sheet,this reliable resource also reveals how VC firms operate, describeshow to apply different negotiating tactics to your…Read More

…eating a Winning Business Plan Funding Early-Stage Companies Agreeing on a Term Sheet with a Venture Capitalist Setting Terms for Splitting the Rewards Allocating Control between Founders/Management and Investors Aligning the Interests of Founders/Management and Investors This invaluable guide also includes term sheet exercises that test your understanding of various financing situations facing companies. In addition, the book features three exten…Read More

…rformance because they are contaminated by survivorship bias and that long-term stock returns are in most countries seriously overestimated, due to a focus on periods that with hindsight are known to have been successful. The book also provides the first comprehensive evidence on the long-term equity risk premium—the reward for bearing the risk of common stocks. The authors reveal whether the United States and United Kingdom have had unusually hig…Read More

…ifferent approach toward the traditional separation between day, short-, intermediate-, and long-term investors, pointing out that even the longest-term professional investor is a day trader on the day they enter, exit, trim, or add to a position. Lead author Jim Dalton and coauthor Eric Jones—having been heavily involved in selecting hedge funds and traditional managers for a leading Wall Street financial services firm—can attest to the importanc…Read More