Throughout the series of modeling posts, I’ll be using the example of Sweet Co. because Canaan, the venture firm where I am an analyst, likes investing in sweet companies.
The founders of Sweet Co. own shares in the company. They decided to make things easy and start with 1,000,000 shares of Sweet Co.
At a certain point, [...]
Filed under: Startup Modeling | Tagged: Pre-money valuation, Series A round, Venture Capital | 1 Comment »