Rosenbaum-like book for VC/startup finance?

Hey all - I think everyone knows the great Rosenbaum book for IBD. Does anyone know if there is a similar resource for venture capital/startup funding? About cap tables, etc. Thank you in advance for any ideas.

 

Came here to post the same two mentioned above. Besides those, the third I might add is 'Mastering the VC Game' from Bussgang at Flybridge.

I am permanently behind on PMs, it's not personal.
 
TechBanking:

This is the best one I know of:

http://www.feld.com/wp/archives/2011/07/venture-de...

Also, check out Brad Feld's other blog askthevc.com as it has a ton of great information.

I concur. Feld is a great resource. He wrote a book called "Be smarter than your venture capitalist", which basically takes all the content from his blog posts and puts it into book format. A good resource. Although it won't teach you in detail waterfall modelling taking into account multiple share classes, preferences, etc...

 

The Dark Side of Valuation by Aswath Damodaran might also be good for VC. I think he might also have a PDF of it on his website.

The hills are alive with the sound of horsepower! - Jeremy Clarkson
 

Step 1) Reverse sign on Free Cash Flow Step 2) Multiply by 100x

.... But seriously, I really don't think it would be possible to write a book on early stage valuation, as there's not enough standardization for there to be a formal process (definitely not a consistent one). Would be interested to hear if I'm wrong though

Life's is a tale told by an idiot, full of sound and fury, signifying nothing.
 

No, there is none. VC financial methods are not that standardized and change wildly over time. The best book would be Brad Feld's Venture Deals, but the "bible" on early-stage investing is just following the blogs of early stage vcs and entrepreneurs - avc, feld's, chris dixon's, etc.

 

More about identifying potential breakout. This is a combination of market sizing and assessing execution. Learning the right metrics for execution is a sector thing, thus the VC blogs. What you can learn from books is the process / term sheet piece, I wasted a lot of time puzzling out the economic implications of subscription agreements via logic before I realized everyone uses the same 20-30 constructions with different numbers.

 

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