Explain how VCs distribute capital gains associated with a successful exit of a portfolio company (the waterfall).

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Explain how VCs distribute capital gains associated with a successful exit of a portfolio company (the waterfall). How is a clawback provision related to the overall distribution of returns to LPs and GPs?

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Entrepreneurial Finance Venture Capital Deal Structure And Valuation

ISBN: 9781503603219

2nd Edition

Authors: Janet Kiholm Smith, Richard L. Smith

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Question Posted: Apr 26, 2024 06:02 AM

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Explain how VCs distribute capital gains associated with a successful exit of a portfolio company (the waterfall).

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Entrepreneurial Finance Venture Capital Deal Structure And Valuation

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