There are a lot of excellent books to read on Venture Capital, and blogs of famous venture capitalists are also a good starting point. Below is a selection of the books we recommend:
Smarter Ventures: A Survivor's Guide to Venture Capital Through the New Cycle
For anyone wanting to raise money from VCs or for wannabee VCs this is the book to read. The author details how the VC industry works in practice (not all of it flattering). What is great is that it spends time explaining the critical differences between the VC scene in Silicon Valley and that in Europe
Angels, Dragons and Vultures: How to Tame Your Investors... And Not Lose Your Company: Capital Advice for Entrepreneurs
Written by an experienced Venture Capitalist, this book gives all the practical details you need to understand venture capital, but doesn't get too technical. Its also a very easy read and quite entertaining, and part of the curriculum of several business schools.
Art of the Start
Written by well-known West Coast VC investor Guy Kawasaki, its more of a practical guide to entrepreneurship. It uses quite a bit of jargon, but is full of very useful tips and highly recommended
Raising Venture Capital for the Serious Entrepreneur
This is the "VC bible", going into the details of how to set up a business plan, financing a deal, agreeing on term sheets, aligning interests between founder and VCs. Its written for entrepreneur's but nevertheless quite useful for those looking to go into the technical aspects a bit more in depth.
The Facebook Effect: The Real Inside Story of Mark Zuckerberg and the World's Fastest Growing Company: The Inside Story of the Company That is Connecting the World
This list wouldnt be complete with a book about Facebook. There are tons of books about the company but this is probably one of the most interesting and try to capture the personality of the founders and details how the company was created and what are its prospects.
I'm Feeling Lucky: The Confessions of Google Employee Number 59
There are also plenty of books about Google, but this one is probably one of the most enjoyable and easy to read, and its written by a Google insider. Importantly, its doesn't just praise Google, but also highlights some of the mistakes that the company did.