Venture Financing Topic

7 min

Perspectives on Valuation and Control

Brad Feld and Jason Mendelson of Foundry Group talk about how founders should think about valuation and control when raising venture capital.

16 min

Startup Funding Stages

A company goes through several funding stages as it moves from formation to exit. This course takes a look at each of them and their impact on a company and its founders.

8 min

Raising Venture Capital

A look at how emerging companies raise venture capital, from finding and pitching investors to closing a deal.

24 min

Advice on Raising Venture Capital

Brad Feld and Jason Mendelson of Foundry Group on the issues founders should consider when raising venture capital for the first time, including when to raise money, picking the right venture partner and how to think about the economic and control rights at stake.

11 min

Venture Capital Firms

This course describes how VC firms are structured, who works at them and how they make investment decisions.

15 min

Convertible Debt Financings

Convertible debt financings are a common alternative to priced equity rounds. This course explains convertible debt financings and their most common form, convertible notes. It also describes alternatives to notes, such as SAFEs and KISSes.

2 min

How to Be an Effective Venture Lawyer

Jason Mendelson of Foundry Group shares his perspective on what makes venture lawyers effective for their clients.

21 min

Venture Capital Term Sheets

A discussion of the perspective of companies and investors on the main economic and control rights negotiated in a venture financing term sheet. Includes liquidation preference, anti-dilution provisions, board rights and employment matters.

14 min

Amended and Restated Certificates of Incorporation

A walkthrough of an Amended and Restated Certificate of Incorporation (also called the Amended and Restated Charter) used in a venture capital transaction, with a focus on the sections governing preferred stock.

9 min

Preferred Stock Purchase Agreements

A walkthrough of a typical Preferred Stock Purchase Agreement, including the related Schedule of Exceptions.

10 min

Investor Rights Agreements

A walkthrough of a typical Investor Rights Agreement, including explanations of its main provisions.

9 min

Right of First Refusal and Co-Sale Agreements

A walkthrough of a typical Right of First Refusal and Co-Sale Agreement, including explanations of its main provisions.

9 min

Voting Agreements

A walkthrough of a typical Voting Agreement, including explanations of its main provisions.

7 min

Ancillary Documents

Venture financing deals include several ancillary documents, in addition to the principal deal documents, that cover important legal and business issues. This course describes the ones most commonly used.

21 min

Due Diligence for Venture Deals

A summary of the business and legal due diligence that parties conduct in a venture financing deal. Includes what to look for when reviewing key areas such as corporate governance and intellectual property, as well as an explanation of a cap table tie-out.