Traditionally, every Entrepreneur ran from one Venture Capital firm to the next with their pitch book, power point presentation, and objective of raising between $1 to $2 million to get their company off the ground. Their plan was to hit all the milestones and objectives, raise another $5 million, ramp sales and waited a few years to get acquired or go public.
As a young entrepreneur, it’s not easy to understand how venture capital really works. There are tons of horror stories that spread through the community like urban legends and phrases like “Term sheets” and “Down Rounds” can sound foreign. Amidst all of these questions is an aura of uncertainty about how the whole system really works. Fortunately, there’s Jeff Bussgang’s book, 
