Venture Capital case studies, worked step by step

Cases
100
Traced to a firm
33
Topics
13
Hard
30
Topic
All topicsTerm sheets and waterfalls9Company pitch10Portfolio management and follow-ons8Unit economics9Down rounds, distress and runway7Fund economics and LP maths6Market sizing and theses8SaaS metrics and diagnostics9Cap tables and round modelling8Growth equity returns8Diligence and red flags5Exits and secondaries6Early-stage valuation7
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–10 of 50 · filtered from 100Clear filters
  1. 005Udyamik Commerce is offered Rs 20 crore of venture debt with warrants. How much runway does it really add, and what does it cost if the company later sells for Rs 2,000 crore?Down rounds, distress and runwayCoreVenture debtIndia VC
  2. 007Size a market that replaces something: Urjavik Storage sells battery packs to replace diesel generators at telecom towers. How big is the market, and does the product pay for itself?Market sizing and thesesCoreDeep tech VCIndia VC
  3. 008Read Vantrel Analytics' cohort table: three yearly cohorts, each measured today. What is each cohort's annual net revenue retention, and what does the trend mean for the growth plan?SaaS metrics and diagnosticsCoreSaaS-focused VCSeries A to C VC
  4. 009Follow one seed cheque through the whole venture process: a fund buys 15% of Sopanvik Freight for Rs 3 crore, is diluted by three later rounds, and the company sells in year eight. What is the stake worth at each stage, and what is the IRR?Cap tables and round modellingCoreWarburg PincusNew York · 2013
  5. 010A growth fund owns 14% of Shikharik Consumer and the company lists at Rs 6,000 crore. The fund can sell only part of its stake in the IPO and must hold the rest through a lock-up. What does it actually realise?Growth equity returnsCoreGrowth equityIndia VC
  6. 014Notevik Payments raised a Rs 5 crore convertible note with interest, a discount and a valuation cap. When the Series A prices, how many shares does the noteholder receive?Term sheets and waterfallsCoreFintech VCSeed and early-stage VC
  7. 015Pitch Streamkosh Media, a regional-language streaming and ad-tech company that looks expensive at 33x EBITDA. Make the case on growth-adjusted EV/EBITDA, and say what has to be true.Company pitchCoreGrowth equityConsumer internet VC
  8. 018Tiffinvik Meals has Rs 36 crore of cash and loses money every month, but revenue grows 6% a month. Is it default alive, and what is the slowest growth that keeps it alive?Down rounds, distress and runwayCoreConsumer internet VCIndia VC
  9. 019Vanshvik Family Office committed Rs 50 crore to a venture fund. Given the capital calls, distributions and reported NAVs, draw its J-curve and compute DPI, TVPI and IRR at years 5, 8 and 10.Fund economics and LP mathsCoreFund of funds and LPsMulti-stage VC
  10. 021Kursivik HRtech charges per employee seat, and its biggest customers are cutting staff. Model next year's NRR before and after a planned 8% price rise, and say how much churn the price rise can afford to cause.SaaS metrics and diagnosticsCoreSaaS-focused VCSeries A to C VC

Company names and figures are illustrative.