Liquidation Preference / Exit Waterfall Calculator
Multi-class preferred + multi-seniority exit waterfall. Models non-participating (greater of liq pref or as-converted), full participating, and capped participating preferred. Optional payout curve across 0.1× – 10× of your exit value to show where common stock starts materially winning.
Beta: Funding tools are unaudited. Consult a lawyer before relying on them for term-sheet decisions.
Save your waterfall scenarios in iCorpSec
Build a library of exit scenarios against your real cap table — board-ready memos, side-by-side scenario comparison, and SAFE conversion folded in automatically.