Changelog

Exit Waterfall Builder

Version 1.1.0

Updates to the exit waterfall builder, newest first. Open the builder.

1.1.0

May 25, 2026

·Scenario sweep: run several exit valuations at once and see proceeds, gross multiple, and IRR per investor, with probability-weighted expected values.
·Excel export with live derived formulas (ownership, percent of proceeds, gross multiple) on top of the engine's distribution.

May 20, 2026

·Initial release. Model an exit across common and preferred, with liquidation preferences, participation, seniority, options and warrants, and unconverted SAFEs and notes.