does anyone have a liquidation waterfall model for a vc-backed company they are willing to share?
Answers
I have one and am happy to share but need to know how many financing rounds the company has had, if there are warrants, outstanding stock options, liquidation preferences, etc. Let me know a few more details and then I can determine if my template will work for you or not.
2
Thank you, Kent. We have had 6 rounds, A through E (two rounds of E). A is common, B-E are preferred. We have options at the common level and warrants at the preferred level. Preference goes in reverse order: E is senior, then D, C, B, A.
Helpful?
In response to everyone's request, here is the link to
Pro-Forma Cap Table & Liquidation Analysis:
https://www.proformative.com/resources/cap-table-example
A big "thanks" to Kent Thomas for generously posting this as a Resource!
Best... Sarah
THANKS
Filed Under:
FP&A