How Does an Exit Waterfall Work — and What Do Founders Actually Take Home?
Looking for how an exit waterfall divides proceeds? Model debt, preferred preferences, participation, and common — why a $40M headline exit is not $40M to the team.
Looking for how an exit waterfall divides proceeds? Model debt, preferred preferences, participation, and common — why a $40M headline exit is not $40M to the team.
Leading East Coast VC firms for 2026 — NYC software and seed depth, Boston biotech company-builders, plus Miami and DC callouts — with stage, thesis, and fund links.
Detroit’s venture map in 2026 — StockX, InvestNext, Airspace Link, CoverTree, plus Detroit Venture Partners, Ludlow Ventures, and ID Ventures.
Des Moines's venture map in 2026 — Dwolla, Recoop, Gain Compliance, Benekiva, Next Level Ventures, ManchesterStory, BrokerTech Ventures, and national fintech capital for Iowa's insurance corridor.
Front Range venture capital in 2026 — Boulder/Denver HQ funds we now profile (Foundry, Access Venture Partners, Meritage) plus national firms Colorado founders still need for Series A+.
Colorado HQ startups we profile — Ibotta's NYSE IPO, Boom Supersonic's $300M round, Feedplan and Virch Merch — with verified investors and an honest gap list.