How well do you know this?
Each question gives you a modeling scenario and an answer, grade the answer.
Looking for a model rather than a quiz? Tell me what you’re working on and I’ll point you at the right one.
Cap tables
10 questionsThe cap table math founders trip on: how a SAFE really converts, who the option pool dilutes, why giving up 20% twice doesn't leave you at 60%. Read each answer and grade it.
Exit waterfalls
15 questionsA company gets acquired. Who gets paid, and in what order? Work through liquidation preferences, participation, and seniority, plus the cases you can't settle without more terms.
Finance and accounting
10 questionsScenarios on financial statements, accrual accounting, and how a business actually makes money. Grade each answer.
Fund modeling
12 questionsRun a fund and the mistakes compound: reserves, recycling, the waterfall, and the metrics LPs read before they wire. See which answers you'd have trusted.