One of the questions that we get the most is “How many percentage points of my equity should I give to a VC wanting to invest X dollars in my company?”
The answer definitely falls into the “it depends” category, but our friends at Cooley Godward Kronish have a great report on what some general guidelines are.
Every so often the publish a “state of the market of VC” report. If you go here, you will see their publications. Check out the September 2006 update. It has a great analysis of the costs of raising capital. They also let me know that their February report will be out shortly.
One other thing. I can’t seem to get this to work with Firefox, so take under advisement.