Are You Ready to Deal with VCs?

If you are an entrepreneur and want to understand how smart VCs are in terms of financial wheeling and dealing, read this summary of the Intermix Media deal by VC Bill Birnhaum. Like many entrepreneurs, you're probably either great at technology or marketing, but you leave the finance stuff to others. This can be a costly mistake. Invest a lot of time talking to investors and entrepreneurs to get an idea for what kind of deals and terms are out