Corporate Finance & Valuation
Investment Banking Modeling: LBO & M&A
AdvancedCertificate$9.99
Private Equity & Venture Capital Math
Value start-ups with the VC method, model dilution, liquidation preferences, notes and SAFEs, then fund fees, carry, DPI/TVPI, XIRR and the J-curve, every cell checked live.
- One-time payment
- 14-day money-back guarantee
- Secure checkout with Stripe
What you'll build
What you will be able to do
Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.
- Value a robotics start-up with the venture capital method: exit value, required return, ownership, post- and pre-money valuation.
- Build a cap table through three rounds, size an option pool that is created before Series A, and see how much the founders keep.
- Run the exit waterfall for a Series A investor at four exit values, with MIN and MAX, for non-participating and participating preferred.
- Convert a convertible note and a SAFE into Series A shares, choosing the better of the valuation cap and the discount.
- Calculate a fund's management fees and split USD 420m of exit proceeds between LPs and the GP in a whole-fund (European) waterfall.
- Measure an LP's stake in a growth fund with DPI, RVPI and TVPI and calculate the net IRR from dated cash flows with XIRR.
- Build an LP's J-curve for a USD 100m commitment and find its trough, the peak capital at risk and the break-even year.
- Analyse a 12-company venture portfolio and measure how much of the return comes from its single best deal.
About this course
Founders, early employees and junior investors all benefit from understanding how venture and private equity numbers work. This course covers both the company and the fund side. You value a startup with the VC method from exit value back to pre-money, then follow dilution through seed, Series A and Series B rounds with an option pool. Liquidation preference labs compare participating and non-participating terms, and convertible notes and SAFEs are converted under caps and discounts. On the fund side you calculate management fees, hurdle and carried interest, measure performance with DPI, RVPI, TVPI and XIRR and chart the J-curve. A final lab shows how one outlier deal can return an entire fund. Educational only.
Curriculum
Course content
8 lessons · 8 labs · 2 h · final exam
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Final exam
Certificate
Finish with a certificate you can verify
Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.
- Names the course, your score and the date of issue
- A verification link for your CV or LinkedIn profile
- 12 questions, 75% to pass, unlimited retries.
A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.
Before you buy
Questions about this course
Is this a subscription?
No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.
What exactly do I get?
All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.
Can I get a refund?
Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.
When can I start?
Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.
Do I need Excel or other software?
No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.
Is the certificate an official qualification?
No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.
Full details are in our Terms · hello@tutorvo.com
Investing & Personal Finance
Angel Investing Math: SAFEs, Dilution & Power-Law Portfolios
IntermediateCertificate$9.99
Business & Operations
Startup Finance & SaaS Metrics
IntermediateCertificate$9.99