Understand the analysis that’s done and the jargon used by venture capital professionals in early-stage investing in this recording of training delivered by Wall Street Prep to Venture Capital professionals. While no prior experience is required, this course moves at a very fast pace.
This exercise-driven course includes downloadable VC Term Sheet and VC Cap Table Excel exercise files.
Part 1: The VC Process and Term Sheet
- The early-stage investing landscape
- A typical VC deal process and timeline
- VC return economics – why they need to hit home runs
- VC Valuation – back-solving into a pre-money / post-money valuation
- Understanding VC term sheets
Part 2: VC Math and Cap Tables
- Cap Table Math: Dilution and price per share after a new round
- Calculating Impact of Option Pool
- Calculating Impact of Multiple Investors
- Calculating the impact of Convertible Debt
- Constructing a Cap Table
- Flow of Funds and Distribution Waterfall