simulate_exit
Simulates an exit (acquisition / IPO) at exitValuation. Applies the liquidation waterfall: preferences (1× or multiplier×), then residual pro rata for the common + participating preferred. For non-participating preferred, the max of (preference, 'convert to common' pro rata) is taken. No schema modification, pure simulation.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| exitDate | No | Exit date (YYYY-MM-DD). Required to accrue the cumulative dividends of the preferred between its round and the exit; otherwise no dividend is accrued. | |
| exitValuation | Yes | Exit value (acquisition / IPO). | |
| expectedProjectId | No | UUID of the project targeted by THIS call. ACTUALLY targets this project instead of the session project. Refused without changing anything if access is not granted. |