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The Entrepreneurial Bible to Venture Capital

The Entrepreneurial Bible to Venture Capital

By Andrew Romans

Inside Secrets from the Leaders in the Startup Game. McGraw-Hill Education, 2013.

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18 mins read

15 Key insights

A brief summary of The Entrepreneurial Bible to Venture Capital

Practical advice on everything you need to know about building capital, growing your startup, and investing in a business using proven methods illustrated by real-life examples.

Key insights in The Entrepreneurial Bible to Venture Capital

1
What do you get from this book? Learn the key elements of venture capitalism and grow your company
2
Venture capitalists, angel investors, and VC funds all provide money to at-risk companies seeking to grow their businesses
3
The “Draper Wave” illustrates financial trends, but experts warn too many angels are leading to another dot-com explosion
4
“Accelerators” play a pivotal role in fast-tracking startups, but “angel funding” leads to long-term success
5
Make deals based on valuation prices rather than value and let your general partner run operations—that’s what they do
6
VC titles identify power players; utilize “Romans’ Five Forces Analysis” to make negotiations easier
7
Your business plan is critical to pitching VCs; it should be simple, clear, and to the point
8
Don’t annoy VCs by emailing everyone at the same firm, pitting them against each other, or promoting “Venture Fratricide”
9
Plan how to divvy up power amongst your board, apply “Concept Reflexivity,” and maintain “Whole Brain Thinking”
10
Entrepreneurs need great products, but they also need people to use those products; successful companies end with merger and acquisition
11
There are three types of “big balance sheet buyers” and understanding your position will ensure a successful merger
12
Lawyers are essential to sorting out legal terms; founders and investors both have stock options that can keep them liquid
13
Summary of the key insights
14
Selected critiques in brief
15
Final word

Who should read The Entrepreneurial Bible to Venture Capital

Startups • entrepreneurs • angel investors • venture capitalists • investors in the venture capital asset class • VC ecosystem service providers

About the author of The Entrepreneurial Bible to Venture Capital

Andrew Romans is a global leader in venture capitalism, advising CEOs, banks, and even governments on the subject. He is the co-founder of Rubicon Venture Capital, a Silicon Valley financial firm with offices on both the East and West Coasts, dedicated to funding computer tech companies. He writes and speaks extensively on finance-related matters.

author avatar

Andrew Romans

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