Crash Course with Jason Mendelson and Brad Bernthal on Venture Capital

Although many startups hope to become venture capital-backed companies, few understand how the venture capital industry works. In this Crash Course, Jason Mendelson and Brad Bernthal will attempt to illuminate what many consider the venture capital black box. They will explain how venture capitalists think, how they raise their funds, and how they decide to invest their money. If you are a startup looking to … [ Read more ]

Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist

Beginning in 2005, Brad Feld and Jason Mendelson, managing directors at Foundry Group, wrote a long series of blog posts describing all the parts of a typical venture capital Term Sheet: a document which outlines key financial and other terms of a proposed investment. Since this time, they’ve seen the series used as the basis for a number of college courses, and have been thanked … [ Read more ]

Feld Thoughts: Posts on Letters of Intent

Following up on the Term Sheet series, the Feld Thoughts blog offer a series on the Letter of Intent. As stated in the first post, “Deals have to start somewhere, and often the first real ‘document’ that gets negotiated after the foreplay turns serious is the infamous letter of intent…This sometimes delightful and usually non-binding document (except for things like a no shop agreement) is … [ Read more ]