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 51–60 of 100
  1. 051Rekhavik Design wins customers through free sign-ups; a sales-led rival wins them through a field team. Compare the CAC and payback of the two models.SaaS metrics and diagnosticsWarm upSaaS-focused VCSeed and early-stage VC
  2. 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
  3. 053Interviewer-led case: Kodvik Dev Tools' ARR growth fell from 60% to 25% in a year. Ask for the data you need, find the driver, and say what you would ask next.Diligence and red flagsCoreInsight PartnersNew York · 2021
  4. 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
  5. 055Hastavik Crafts asks its insiders for a Rs 15 crore bridge and your share is Rs 5 crore. Compare the expected value of funding with not funding.Portfolio management and follow-onsCoreSeed and early-stage VCVC platform and portfolio operations
  6. 056Mandavik Foods raises a down round at Rs 120 a share against a Series A price of Rs 200. Work out the Series A anti-dilution adjustment on a broad base and a narrow base, and say who bears the extra shares.Term sheets and waterfallsCoreSeries A to C VCIndia VC
  7. 057Is Bhandarvik Retail Software selling into the right market? Compare its three store segments on reachable revenue and payback, and say which one it should own first.Market sizing and thesesCoreInsight PartnersNew York · 2022
  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. 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
  10. 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

Company names and figures are illustrative.