Completed
Liquidity Event
Class Central Classrooms beta
YouTube videos curated by Class Central.
Classroom Contents
The Economics of Term Sheets
Automatically move to the next video in the Classroom when playback concludes
- 1 Intro
- 2 The Economics of Term Sheets with Scott Kupor Managing Partner, Andreessen Horowitz
- 3 The Alphabet Soup of Term Sheets: Part One (Economics)
- 4 The Alphabet Soup of Term Sheets: Part Two (Governance)
- 5 Pre-money
- 6 x $ invested
- 7 Participating/Non-participating Liquidation Preference
- 8 M invested
- 9 M x 33% = $1.8M
- 10 BBWA = Broad Based Weighted Average Anti-dilution
- 11 Full Ratchet = Price Reset
- 12 Cap Table
- 13 M valuation
- 14 Option Pool = 20%
- 15 M post-money valuation
- 16 $4M vs $2M
- 17 Liquidity Event
- 18 Payoff Matrix
- 19 Participating Preference
- 20 $10M sales price х 33.3% ownership
- 21 M X 33.3% = $5M
- 22 Economic ownership
