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 41–50 of 100
  1. 041In a superday pitch round, pitch Dakvik Logistics Cloud in 60 seconds: shipping software used by 3,000 online brands at Rs 4 a parcel. Then handle the two follow-ups, why now and why the couriers will not build it.Company pitchWarm upGeneral AtlanticNew York · 2016
  2. 042Size Hirevik Talent's option pool for the next 18 months from its hiring plan. What pool should the Series A term sheet specify, and who pays for it?Cap tables and round modellingWarm upSeries A to C VCSeed and early-stage 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. 044As CFO of Yantravik Industrial SaaS, quarterly revenue has just fallen 30% from Rs 30 crore. Which levers do you pull, in what order, to take runway from 9 months to 18?Down rounds, distress and runwayCoreSilver LakeSan Francisco · 2022
  5. 045Price a Series A for Neelkosh Fintech with the VC method: a Rs 2,400 crore exit in seven years, a 12x target, 45% dilution from later rounds, and a Rs 25 crore cheque. What ownership do you need today, and what pre-money does that imply?Early-stage valuationCoreSeries A to C VCFintech VC
  6. 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
  7. 047Metervik APIs bills on usage, and six months of revenue swung between Rs 1.9 and Rs 3.0 crore a month. The founder quotes ARR of Rs 36 crore, and the top customer is 30% of revenue. What run-rate would you underwrite, and how do you treat the top customer?SaaS metrics and diagnosticsCoreSaaS-focused VCSeries A to C VC
  8. 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
  9. 049Samayvik Labs' two co-founders each hold 40 lakh shares on four-year vesting with a one-year cliff and monthly vesting after. One leaves after 18 months. How many shares does she keep, what happens to the rest, and how would double-trigger acceleration change the answer in a sale?Term sheets and waterfallsWarm upSeed and early-stage VCIndia VC
  10. 050Which metrics would you look at when valuing a retailer? Kesarvi Retail runs 60 apparel stores and wants to open 25 more next year. What do the metrics say about the plan?Unit economicsCoreSilver LakeSan Francisco · 2022

Company names and figures are illustrative.