Comments on: What does a liquidation preference spreadsheet look like?

By: kevin Pearl

kevin Pearl — Mon, 27 Apr 2009 16:18:42 +0000

Interesting discussion.
Liquidation preferences can get very complicated and managing up-rounds down rounds, multiples, caps, participation, coupons (interest, PIK), warrants (in the money/ cashless) etc and then working out who gets what, at some future date, is very complex.
We have an on-line cap table manager www.vcmcaptables.com, that automates this whole process.

Kevin Pearl CEO
VCM Software

By: kevin Pearl

kevin Pearl — Mon, 27 Apr 2009 10:18:42 +0000

By: Lawyers Information

Lawyers Information — Thu, 23 Apr 2009 14:47:05 +0000

Looks good! This is a big help to first-time entrepreneurs for them to use to understand how participation, preference multiples, and even participation caps will affect distributions and ownership post-money and on exit.

By: Rick O'Hara

Rick O'Hara — Wed, 21 Jan 2009 22:57:30 +0000

Never mind! It downloaded fine!

By: Yokum

Yokum — Wed, 21 Jan 2009 07:13:54 +0000

I changed the document to Scribd, as they are a WSGR client. Let me know if you still have problems downloading.

By: Rick O'Hara

Rick O'Hara — Tue, 20 Jan 2009 16:43:51 +0000

I sure would like to look at the Excel file. Are the settings fixed yet? If so, how do I find the spreadsheet in DocStoc?

By: Yokum

Yokum — Sun, 07 Dec 2008 04:46:26 +0000

The problem with a book is that it would take too long to write the entire thing and publish it. With the blog, I can dribble out a little bit at a time. Perhaps I'll go back and organize/rewrite everything into a book after there is a critical mass of information.

By: Ralph Haygood

Ralph Haygood — Sat, 06 Dec 2008 21:56:05 +0000

Hmm...too bad I'm not in Palo Alto to buy your lattes and cupcakes.

Rather than ad hoc tutorials, have you considered writing a book? The books I've seen dealing with corporate law and finance are too superficial (for complete newbies, most of whom just want to start small businesses), too general (for MBA types, most of whom will work in big companies), or too technical (for aspiring lawyers). I'd pay good money for a book, preferably an ebook, at the level of this blog.

Of course, if you know of such a book, I'd be happy to learn of it.

By: Yokum

Yokum — Sat, 06 Dec 2008 19:14:09 +0000

You should be able to download the excel file from docstoc by following the link once I fix the settings.

By: Jay_Levitt

Jay_Levitt — Sat, 06 Dec 2008 15:39:57 +0000

Sure wish I could download that into Excel…