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 31–33 of 33 · filtered from 100Clear filters
  1. 097A difficult SaaS case: Quillonet, a sales-engagement platform, grew ARR 70% to Rs 60 crore, but NRR fell from 125% to 104%, CAC payback rose from 14 to 26 months and gross margin slipped from 80% to 72%. The Series C is Rs 150 crore at Rs 900 crore post. Diagnose what is breaking and decide.SaaS metrics and diagnosticsHardInsight PartnersNew York · 2021
  2. 099What is the worst investment the fund has made? Write the post-mortem on Bazaarvik Social Commerce, written off after the fund put in Rs 45 crore over three rounds while buyers grew 6x on incentives of up to Rs 140 an order. Which signals were visible at each round, and what rule would have stopped the follow-ons?Portfolio management and follow-onsCoreBessemer Venture PartnersNew York · 2014
  3. 100Explain why a growth fund should invest in Medivrit Labs, a diagnostics chain with 120 collection centres, revenue Rs 420 crore, EBITDA 22% and same-centre growth of 14%. A new centre costs Rs 1.1 crore and reaches Rs 3.5 crore of revenue at 28% EBITDA by year three. The ask is Rs 300 crore for 18%. Build the case on centre economics and an exit at 18x EBITDA in five years.Company pitchHardGeneral Atlanticnew york · 2022

Company names and figures are illustrative.