Mastering the VC Game

Jeff Bussgang’s recent book Mastering the VC Game is a must read for anyone interested in the startup or venture capital world.  It’s quick, fun, and packed with gems of advice and anecdotes from successful entrepreneurs and VCs.

Bussgang is an entrepreneur turned VC.  He’s seen both sides of the table and the book reflects that.  It’s unbiased and reads truthful.  Bussgang is able to paint an honest picture of what raising capital and investing capital is like for all parties involved.   

I learned a lot about VC that I didn’t know before - the different types of shares and their implications for VCs and companies, pre and post money evaluation mechanisms, protective measures against dilution, and the underlying incentives and driving forces behind VC investments.  

The book is a primer for educating entrepreneurs about what it’s like from the other side and how to approach relationships with investors.  It’s just the right amount academic and sugar coated with stories from Jack Dorsey, Reid Hoffman, Fred Wilson and various other esteemed and successful entrepreneurs and investors.

If you’re at all interested in startups and VC, or you just want to learn a bit more about how this world works, then this is the right book.