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 67 · filtered from 100Clear filters
  1. 059Chalvik Fleet Leasing buys electric scooters and rents them to delivery riders. Work out the payback and the four-year return per scooter, and the utilisation at which the scooter fails to earn back its cost.Unit economicsCoreIndia VCVenture debt
  2. 060Gintivik Systems is offered Rs 150 crore pre-money on a fully diluted basis. What is the price per share, and what changes if the unissued option pool is left out?Cap tables and round modellingWarm upSeries A to C VCGrowth equity
  3. 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
  4. 063Nakshvik Ventures Fund I reports a TVPI of 2.4x and a DPI of 0.3x in year eight, and most of its NAV sits in three companies last priced in 2021. What is a realistic TVPI, and what will the LPs ask?Fund economics and LP mathsCoreFund of funds and LPsMulti-stage VC
  5. 064Kaaryvik Enterprise reports a 62% gross margin, but a quarter of its revenue is low-margin implementation services. What is the subscription gross margin, and what does that change about the multiple you would pay?SaaS metrics and diagnosticsWarm upSaaS-focused VCGrowth equity
  6. 066Vyaparvik B2B is growing 90%, but its largest customer is 30% of revenue on a 12-month contract. Quantify the concentration risk and say what terms or diligence would let you invest.Diligence and red flagsWarm upSeries A to C VCIndia VC
  7. 067Tulavik Software can grow 40% a year while burning cash or 25% a year while making it. Which plan creates more equity value after four years, counting the cash burned or generated?Growth equity returnsCoreSaaS-focused VCGrowth equity
  8. 069Sarthavik Mobility has two Series B term sheets: a lower price with clean terms, or a higher price with a participating preference and a full ratchet. Compare the founders' proceeds at three exits and after a later down round.Term sheets and waterfallsHardSeries A to C VCIndia VC
  9. 071Mapvik Geospatial is selling for a Rs 900 crore headline, but only Rs 630 crore arrives at closing. What do the founders realistically receive, and how should they value the earn-out?Exits and secondariesHardSeries A to C VCSaaS-focused VC
  10. 072Sudharvik Home Services earns 22% of every job and wants to cut it to 18% to stop partners leaving. Compute the contribution per job at both take rates and say what the cut really costs.Unit economicsWarm upConsumer internet VCIndia VC

Company names and figures are illustrative.