In venture finance, clarity isn’t optional, it’s mission-critical

In venture finance, clarity isn’t optional, it’s mission-critical

Yet many teams misread their cap tables, mistaking ownership for outcome.

The real story unfolds in the waterfall: the logic and math that determine who gets what at exit.

🔗 Why Ownership Isn’t Enough

🔗 The Formula That Drives Returns

🔗 What You Need for True Clarity

🔗 Common Pitfalls in Waterfall Modelling

🔗 How VCM Solves the Waterfall Puzzle

Waterfall calculations aren’t just a technical layer, they’re the foundation of financial truth.

Let’s unpack why they matter, where teams go wrong, and how VCM brings clarity to the chaos.