the option to stay private longer<\/a> or go public on a growing number of exchanges, it can be hard for companies and their investors to figure out which exit or funding scenario is best for them. So, we built scenario modeling tools on Carta that show you the impact of future financing rounds or possible exits in seconds.<\/p>\r\n\r\nFinance teams at companies and investment firms traditionally spent hours of valuable time building pro forma cap tables or potential exit scenarios in spreadsheets. Building these models from scratch is time consuming and difficult. And if you\u2019re running a small startup, you might not even have someone with the expertise to model financing or exit scenarios. We’ve solved this.<\/p>\r\n\r\n\r\n\r\n
What is scenario modeling?<\/h2>\r\n\r\n\r\n\r\n Scenario modeling in Carta is a full suite of tools to help you plan for the future, whether that\u2019s raising a round or preparing for an acquisition, or both.<\/p>\r\n\r\n\r\n\r\n
Your company\u2019s finance team can see the impact of a new financing round or exit scenario in a few clicks\u2014since your equity data is already on Carta. Investors can also use the tool to understand how various scenarios impact your portfolio companies, saving hours.<\/p>\r\n\r\n\r\n\r\n
Waterfall modeling tools<\/h3>\r\n\r\n\r\n\r\n <\/figure>\r\n\r\n\r\n\r\nHere’s a breakdown of our waterfall functionality:<\/p>\r\n\r\n\r\n\r\n
\r\nBreakpoint analysis –<\/strong> view a table that helps you understand what exit valuation would need to be met for each share class to participate in payouts<\/li>\r\nSensitivity analysis – <\/strong>view a line graph of payouts by share classes and stakeholders across a range of exit values<\/li>\r\nPayout modeling –<\/strong> view a table of proceeds and metrics by share classes for a specific exit scenario<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\nFinancing round modeling tools <\/h3>\r\n\r\n\r\n\r\n\r\n\r\n Here’s a breakdown of our financing round modeling tools:<\/p>\r\n\r\n\r\n\r\n
\r\nCap table versions<\/strong> – <\/strong>create pro forma cap tables to understand the impact of new financing rounds based on pre-money valuation, total investment, and your post-money option pool<\/li>\r\nDilution modeling – <\/strong>model fully diluted ownership, post-money valuation, and outstanding options for potential financing rounds in a few clicks<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\nOur models can handle lots of complexity. You can build multiple scenarios on top of one another, planning several steps ahead. It\u2019s easy to understand the impact financing or exit decisions will have on your capitalization structure and payout ratio.<\/p>\r\n\r\n\r\n\r\n
Here are a few scenarios you may need to model:<\/h2>\r\n\r\n\r\n\r\nFinance teams at private companies<\/h3>\r\n\r\n\r\n\r\n\r\nWhen you receive a term sheet from a potential acquiring company, see payouts for your team and investors in seconds.<\/li>\r\n When you receive a term sheet from an investor, quickly understand the impact it would have to your cap table and payout structure.<\/li>\r\n Make sure that key stakeholders, like your founder, are maintaining a meaningful ownership stake.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\nInvestors<\/h3>\r\n\r\n\r\n\r\n\r\nIf you’d like to invest in a portfolio company again, you can quickly understand the impact of different terms before giving them your term sheet.<\/li>\r\n If you already have a preferred financial model template, use scenario modeling to get a quick sense of the answer before building your own model, or as a validation point to check your work at the end.<\/li>\r\n When a portfolio company is raising a round, you can understand the impact to your firm, and other firms on your portfolio company’s cap table<\/li>\r\n Carta’s ready-made visualizations look great on slides.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\nWhy use Carta for scenario modeling?<\/h2>\r\n\r\n\r\n\r\n\r\nIndependently tested by auditors<\/strong> – Breakpoint analysis results have been tested by two of the leading audit firms in a side by side comparison with their own models.<\/li>\r\nCompany beta tested <\/strong>– These models have been verified by Carta customers (thanks for your help).<\/li>\r\nNo need to create your own models<\/strong> from scratch <\/strong>– We’ve done the heavy lifting, so you can spend more time thinking about strategy.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\nSee scenario modeling in action in this product demo.<\/p>\r\n\r\n