does anyone have a liquidation waterfall model for a vc-backed company they are willing to share?

Bill Chorba's Profile

Answers

I have one and am happy to share but need to know how many financing rounds the company has had, if there are warrants, outstanding stock options, liquidation preferences, etc. Let me know a few more details and then I can determine if my template will work for you or not.

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Bill Chorba's Profile

Thank you, Kent. We have had 6 rounds, A through E (two rounds of E). A is common, B-E are preferred. We have options at the common level and warrants at the preferred level. Preference goes in reverse order: E is senior, then D, C, B, A.

Helpful?

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richard neely's Profile

I would appreciate the template as well. Helping a company that has founder's stock, stock to acquired company, preferred stock and common stock. Thanks

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Tim Dunn's Profile

Would appreciate it if I could also have a copy of the model.

Tim

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Jerry Grabowski's Profile

Kent

Looks like you are a popular guy.

I to would appreciate your template.

Thanks in advance and have a great holiday!

Jerry

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Jay Lewis's Profile

kent-

I would appreciate a copy of your liquidation waterfall model. I am working on an acquisition financing which will requre a series of capital raises.

I hope I can help you with something some day.

Thanks,

Jay Lewis

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Scott Spangenberg's Profile

I would also appreciate a copy. I work with venture backed companies and this would be extremely helpful.

Scott Spangenberg, MBA
Partner
B2B CFO®
503.860.1340
scottsatb2bcfo [dot] com
Bio/Blog: www.b2bcfo.com/partners/scotts/
www.b2bcfo.com

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Jon Choate's Profile

Kent,

I, too, would be interested in getting a copy of your template. We have had five rounds of preferred, have common, options and preferred warrants on the later rounds.

Jon Choate
CFO
Boston, MA

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Jon Choate's Profile

Kent,

I, too, would be interested in getting a copy of your template. We have had five rounds of preferred, have common, options and preferred warrants on the later rounds.

Jon Choate
CFO
Boston, MA

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send me your contact info to kentatutahcfo [dot] com and I'll send you the model. It is not built to handle more than 3-4 rounds but I think you can follow the model to figure it out. At a minimum it will give you a blueprint for all of the issues that can be & may need to be considered. BTW, I do not use this for the final, legal settlement but rather as a tool to help owners and management see the impact of preferences on the ultimate distribution.

Best,

Kent

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Jeff Nelson's Profile

Kent, thanks for offering to share your liquidation waterfall model. My personal e-mail is jmartinnelsonathotmail [dot] com. Regards, Jeff

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Jay Lewis's Profile

Kent-

I forgot to include the email address for the model which is: lewis_2337atmsn [dot] com.

Tkx,

Jay

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Michael Hutchison's Profile

I would love to get a copy as well. I just accepted a job with a PE backed firm, and I'm hoping this might be helpful.

My e-mail address is mbh4725atyahoo [dot] com

Thanks,

Mike

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Rick Bigelow's Profile

Kent,

In reading this post, I would like to receive a copy as well if you are open to sending. I am working with some VC's that are now on round 2 and might do a round three in 2011. My email is rabigelowatgmail [dot] com

Let me know if you have any questions.

Rick

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William Williams's Profile

You might also get in touch with a company called Cap Controls (www.capcontrols.com.

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Alan Lester's Profile

Kent:

I am completing my work on an acquisition and would be interested in a copy of this model. My e-mail affressis alanlesteratymail [dot] com. Thank you for your offer.

Alan

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Peter Chiang's Profile

Good Afternoon, Ken,

In reading this post, I would appreciate the template as well. My e-mail address is chiangpeterathotmail [dot] com.

Thank you very much for your willingness to share this knowledge. Best wishes for a happy holiday season and a healthy and prosperous New Year.

Best regards.

Very truly yours,

Peter

PETER CHIANG
M&A / Corporate Development
Tel: +1 (212)988-7163
E-mail: chiangpeterathotmail [dot] com

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Topic Expert
John Kogan's Profile
Proformative

A huge thank you to Kent Thomas for generously posting this as a Resource! http://www.proformative.com/og/resource/general-content/pro-forma-cap-table-liquidation-analysis.

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