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 11–20 of 30 · filtered from 100Clear filters
  1. 033Modeling test and write-up: build a five-year revenue model for Nukkadvik Stores, a convenience chain adding 60 stores a year, then work out a growth investor's MOIC and IRR at 20x year-five EBITDA.Growth equity returnsHardGeneral AtlanticBeijing · 2014
  2. 036Kalpvik Games sells for Rs 350 crore. Seed, Series A and Series B each hold preferred shares with different preferences, participation and seniority. Run the waterfall: who gets what?Term sheets and waterfallsHardSeries A to C VCConsumer internet VC
  3. 043Kaalvik Growth Fund I is in year eleven with two assets left. The GP proposes a continuation vehicle at a 10% discount to NAV. What does a selling LP get, what must the assets reach for a rolling LP to do better, and where is the conflict?Fund economics and LP mathsHardSecondariesFund of funds and LPs
  4. 046Weekend take-home case: write the investment memo on a Rs 250 crore minority stake in Aushvik Pharma, a speciality generics maker bought at 16x EBITDA, weighing three five-year scenarios, and recommend.Growth equity returnsHardGrowth equityHealthcare VC
  5. 048Saptavik Seed Fund I has Rs 60 crore of reserves and five portfolio companies raising their next rounds, all aiming at the same Rs 3,000 crore outcome. Allocate the reserves by expected multiple per rupee.Portfolio management and follow-onsHardSeed and early-stage VCVC platform and portfolio operations
  6. 052Hridvik Devices, a cardiac monitor maker, has no revenue and two regulatory gates ahead. Value it today with a risk-adjusted NPV and say what drives the answer.Early-stage valuationHardHealthcare VCDeep tech VC
  7. 054Paper LBO of a profitable software company: Cloudvik Software is bought at 15x EBITDA with 5x of debt and sold at 15x in year five. What are the MOIC and the IRR?Growth equity returnsHardSequoia CapitalSan Francisco · 2021
  8. 058Sanjeevik Health runs a dual track: a cash sale now or an IPO in nine months. Value both for the fund's 18% stake, counting delay, the pulled case and a lock-up, and say which track the fund should push for.Exits and secondariesHardGrowth equityHealthcare VC
  9. 062Vimanik Drones raises a down round at Rs 200 a share against a Series B price of Rs 500. Show the new price, the broad-based anti-dilution adjustment and everyone's ownership after the round.Down rounds, distress and runwayHardDeep tech VCSeries A to C VC
  10. 068Get grilled on a company of your choosing: Rakshavik Cyber. Defend its metrics, size the three biggest risks, and explain what its last round's terms mean for the fund if the next round is flat.Portfolio management and follow-onsHardBattery VenturesSan Fransisco · 2026

Company names and figures are illustrative.