Category: Knowledge and Guidance

A liquidation waterfall is a document which gives you an overview of who gets paid what and when. Most often, this will be an Excel sheet which contains the necessary details of your capitalization table and the distribution preference structure. For later stage firms who are well into their Series B or C, you may…

Understanding the value of a pre-revenue startup presents unique challenges, but scenario analysis offers a structured approach to this uncertainty. Scenario analysis are based on a range of estimated valuations based on various growth paths and market conditions. This approach is particularly valuable for early-stage startups that lack historical data, as it allows founders to…