This book clears up some key misunderstandings, such as the different roles of entrepreneurs and VC's play in the financing process of startup companies. I was struck by the high bar set by the interviewed experts, and their generally shared opinion that the calibre of entrepreneur was a factor subordinate to all others. As the book is written by a person who is coming from the outside VC/biotech start up area, there is little danger of a biased view on the different questions and their respective answers. The questions overall range from a more psychological perspective on how the different actors get along with each other to typical financing and valuation issues to networking opportunities and challenges in the early versus late stage. In short: a high quality advice for people on both sides of the table.
