Wall Street Prep – VC Term Sheets & Cap Tables

Understand the analysis that’s done and the jargon used by venture capital professionals in early-stage investing in this recording of training delivered by Wall Street Prep to Venture Capital professionals. While no prior experience is required, this course moves at a very fast pace.

This exercise-driven course includes downloadable VC Term Sheet and VC Cap Table Excel exercise files.

Part 1: The VC Process and Term Sheet
– The early-stage investing landscape
– A typical VC deal process and timeline
– VC return economics – why they need to hit home runs
– VC Valuation – back-solving into a pre-money / post-money valuation
– Understanding VC term sheets

Part 2: VC Math and Cap Tables
– Cap Table Math: Dilution and price per share after a new round
– Calculating Impact of Option Pool
– Calculating Impact of Multiple Investors
– Calculating the impact of Convertible Debt
– Constructing a Cap Table
– Flow of Funds and Distribution Waterfall