
Venture Capital
How venture financing works from both sides of the table: what a term sheet decides, how funds make money, and what diligence actually examines.


How Venture Funds Actually Make Money
Management fees and carried interest pull in different directions, and the fund's structure explains behavior founders often find baffling.

What Actually Happens During Venture Due Diligence
Deals rarely die on the business. They die on the corporate record nobody kept.