Best set of articles on raising VC I’ve seen
Available from Frank Demmler, who has done over 200 deals in his career and now teaches entrepreneurship at the Center for Entrepreneurship of the Tepper School of Business at Carnegie Mellon:
Explains the mysterious ins and outs of term sheets including terms that favor investors over founders but that are more or less standard e.g. anti-dilution provisions and the like. If you have trouble falling asleep at night, these articles will make great bed time reading. On the other hand, if you are an entrepreneur and don’t do your home work before signing a term sheet, the results could be sleep inhibiting for a lifetime.