Evaluating a startup investment requires understanding who owns what and how that ownership may evolve over time. A capitalization table, commonly referred to as a cap table, is a document that outlines the ownership structure of a company, including equity … Continue reading
Cap Table
I Invested at a $100M Valuation and the Company Just Raised At $1B, Why Isn’t My Unrealized Gain 10x?
For private market investors, waiting for liquidity can be a period of anticipation. As a portfolio company grows, achieves new milestones, and raises additional capital at higher valuations, it is natural for an investor to track valuation growth and attempt … Continue reading
When investing in private market startups, investors may come across priced and unpriced rounds. Understanding these investment structures can help investors understand how capital is deployed, how ownership is structured and allocated between founders and investors. In this blog, MicroVentures … Continue reading
When a startup is raising capital, it typically wants to paint itself in a positive light in order to attract investors. As investors conduct due diligence, how can they tell the difference between flowery marketing language and reliably sourced claims? … Continue reading
When private market investors are conducting due diligence on startups to make investment decisions, they may gravitate towards traditional data sources provided by the company like information on the campaign page, pitch decks, and any historical financials that were provided. … Continue reading
Finding the right investment as an investor can be a process. From vetting the business model and founding team to reviewing financials and user traction, there are many different things to take into consideration before choosing to invest in a … Continue reading
Behind every startup that has raised funding lies a fundamental financial structure known as the capitalization table, or cap table. Cap tables serve as a tool for understanding a company’s ownership structure, equity distribution, and valuation. In this blog, we’ll … Continue reading
When a startup is raising funding, a founder can feel like the fundraising process for startups is another full-time job. How can startup founders efficiently manage the funding process from due diligence to actively raising capital and closing the campaign? … Continue reading






