I'm reading (it's about time) a great 100 page book called "Terms Sheets & Valuations: An Inside Look at the Intricacies of Term Sheets & Valuations" by an east coast venture capitalist. It is outstanding. I wish I would have read this book five years ago before we (MyFamily.com) raised our first $12 million Series A round. I'm not sure it would have changed the subsequent events, but at least I would have had my eyes open going into business with venture capitalists. I agree with this quote by Murray B.