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 100
  1. 011How would you approach the financial data? Ankvik Analytics claims Rs 36 crore of ARR. Rebuild ARR from last month's billing export and reconcile the gap.Diligence and red flagsHardGeneral AtlanticNew York · 2023
  2. 012Chaivik Beverages offers to buy back an angel's 1.5% stake at a 30% discount to its last round. What is the price, what multiple does the angel make, and what happens to everyone else?Exits and secondariesWarm upSeed and early-stage VCConsumer internet VC
  3. 013Value Trivenik Biotech's Series A with three scenarios, a 35% discount rate and 40% dilution to exit. What post-money valuation can a Rs 40 crore investor justify?Early-stage valuationHardHealthcare VCDeep tech VC
  4. 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
  5. 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
  6. 016What do you think about this portfolio company? Nirikvik Logistics has grown revenue 58% since its last round, but margins are down, burn is up and eight months of cash are left. Is it a better or worse business than the one you invested in?Portfolio management and follow-onsWarm upInsight PartnersNew York · 2025
  7. 017Swasthvik Clinics sells a Rs 999 a month family health membership. What does each member contribute, what is a member worth over their lifetime, and at what level of usage does the model fail?Unit economicsHardHealthcare VCIndia 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. 020How would you evaluate a company riding a trend? Pawvik Petcare grew revenue from Rs 40 crore to Rs 58 crore while its market grew 30%. How much of the growth is the trend, how much the company, and what happens if the market slows?Market sizing and thesesWarm upGeneral Atlantic, New York, NYUSA · 2018

Company names and figures are illustrative.