Yes, this is an excellent book that all entrepreneurs should read. It sets forth the basics for financing early stage and growth oriented firms. The data base alone is worth the price of the book.
I do believe that more space should be dedicated to possible exit strategies. This book still gives a glimmer of hope for an IPO. A more practical examination of practical exits is warranted.
Several years ago almost all of my clients were seeking the IPO as an exit. I still occasionally get a start-up client seeking an IPO, but that is rare. And, they quickly learn how difficult the process is and how unlikely the odds are.
Additionally, in my opinion, it does not give justice to the difficulty of even finding start-up capital. Too many VCs are busy bailing out prior investments to fund new ventures. Of course, this will change over time, hopefully. A requirement for revenue growth and profits is moving some VCs into the mezzanine area instead of venture funding.
I would highly recommend this book for either an entrepreneur considering a new venture or for an established business owner requiring growth oriented funding.