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 1–6 of 6 · filtered from 100Clear filters
  1. 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
  2. 038Dukanvik Retail Tech lists at Rs 5,000 crore post-issue with a Rs 600 crore fresh issue and a Rs 400 crore offer for sale. Your fund holds 9% before the issue. How much can you sell, what do you own after listing, and what does the lock-up mean for your realised multiple?Exits and secondariesCoreGrowth equityIndia VC
  3. 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
  4. 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
  5. 080An acquirer wants Lekhvik Legal Tech, which has Rs 60 crore of revenue at EBITDA break-even. With Rs 25 crore of cost synergies and Rs 15 crore of revenue synergies at a 40% margin, phased in over two years at a 15% discount rate, what is the most it should pay, and where would you anchor as the seller's adviser?Exits and secondariesCoreSeries A to C VCSaaS-focused VC
  6. 093A secondary buyer wants 3% of Pravahik Payments from an early fund. The last round was Rs 4,000 crore post-money a year ago. The buyer targets a 25% IRR and expects an exit at Rs 7,000 crore in four years with 15% more dilution. What can it pay, and what discount to the last round is that?Exits and secondariesCoreSecondariesFintech VC

Company names and figures are illustrative.