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(National Venture Capital Association) The venture industry goes through an expensive and inefficient process of “re-inventing the flat tire” on a daily basis.   By providing an industry-embraced set of model documents that can be used as a starting point in venture capital financings, it is our hope that the time and cost of financings will be greatly reduced and that all principals will be freed from the time consuming process of reviewing hundreds of pages of unfamiliar documents and instead will be able to focus on the high level issues and trade-offs of the deal at hand.