Institute of Venture Capital

Fund Dynamics Deal Terms Calculators Exits

Liquidation Preference Calculator

Exit Valuation ($)

Total Invested ($)

Investor Ownership (%)

Preference Multiple (e.g. 1x, 2x)

Participating Preferred?

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Results Output

Investor Payout

Common/Founder Payout

Institute of Venture Capital

An institutional, unvarnished resource on the mechanics of venture capital—term sheets, fund structures, cap tables, and return mathematics. Built for founders, GPs, and LPs who need the underlying math, not the PR.

Fund Mechanics

Management Fees
Carried Interest
Capital Calls
DPI, RVPI & TVPI

Deal Math

Valuation & Dilution
Liquidation Prefs
Option Pool Shuffle
Calculators

© 2026 Institute of Venture Capital. Independent analysis.

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