Term Sheet Exit Waterfall Calculator
calc_term_sheet_waterfallSplits the sale proceeds between one preferred class and common holders for a liquidation multiple and participation clause (non-participating, participating uncapped, participating capped at 3x). Returns the conversion point, a sensitivity table and the three standard structures side by side. Same math as https://modevc.com/tools/term-sheet-waterfall. Illustrative model: one preferred class, no seniority stack, no debt or fees.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| participation | No | Participation clause. Web default non_participating. | |
| exit_valuation | No | Sale price in USD. Web default 45,000,000. | |
| preferred_invested | No | Total invested by the preferred class in USD. Web default 12,000,000. | |
| liquidation_multiple | No | Liquidation preference multiple. Web default 1. | |
| pro_rata_current_pct | No | Your current ownership for the pro-rata check, in percent. Web default 10. | |
| preferred_ownership_pct | No | As-converted ownership of the preferred class, in percent (1 to 95). Web default 30. | |
| pro_rata_next_round_size | No | Next round size in USD for the pro-rata check. Web default 15,000,000. |