How down rounds impact cap tables (modeling anti-dilution)
Understanding how down rounds impact dilution is an important area for companies in today's climate, and I will cover the theory and practice in modeling anti-dilution protection, with practical examples for you to use.
This was a free workshop, access the slides and spreadsheet at https://foresight.is/workshops/
For a tool to help model cap tables (including anti-dilution) and exit waterfalls, check out https://foresight.is/cap-table
To learn more on modeling cap tables, I teach Build a Cap Table from Scratch, details at https://foresight.is/cap-table-workshop/