Pre-Seed 50 Companies india by @kushalbhagia

Probability of Fund Multiple

1x
70%
3x
14.5%
10x
0%

TVPI Distribution

3rd Quartile
0.84
Median
1.57
Top Quartile
2.46

Investments

Initial Check
$480K
Follow-on
$230.8K
Blended Cost Basis
$5.9M

Company Ownership

Avg Initial
10.32%
Avg At Exit
5.34%
Dilution/Round
20%

Median Performing Portfolio

50% of simulated portfolios performed worse than this portfolio, and 50% performed better. Click 'show/hide details' to see each investment.

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Median Fund Portfolio

Company 18 - $1,175,832,736 exit after 6 rounds
Invested: $710,769
Blended Cost Basis: $8,130,435
Return: $34,990,535 (own at exit: 2.98%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $28,452,692 (2.42% ownership @ exit)
   Check 2: $230,769 @ $17,000,000 (1.36%)
   Check 2 Returns: $6,537,842 (0.56% ownership @ exit)

Company 17 - $115,130,165 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,591,308
Return: $5,224,696 (own at exit: 4.54%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $4,527,102 (3.93% ownership @ exit)
   Check 2: $230,769 @ $19,500,000 (1.18%)
   Check 2 Returns: $697,593 (0.61% ownership @ exit)

Company 26 - $80,729,541 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,121,022
Return: $5,806,286 (own at exit: 7.19%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $5,290,691 (6.55% ownership @ exit)
   Check 2: $230,769 @ $18,500,000 (1.25%)
   Check 2 Returns: $515,594 (0.64% ownership @ exit)

Company 0 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,486,620
Return: $0 (own at exit: 4.63%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $17,000,000 (1.36%)
   Check 2 Returns: $0 (0.7% ownership @ exit)

Company 1 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,162,791
Return: $0 (own at exit: 4.26%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)
   Check 2: $230,769 @ $12,000,000 (1.92%)
   Check 2 Returns: $0 (0.98% ownership @ exit)

Company 2 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 2.81%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)

Company 3 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,509,662
Return: $0 (own at exit: 4.61%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $17,500,000 (1.32%)
   Check 2 Returns: $0 (0.68% ownership @ exit)

Company 4 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 3.93%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)

Company 5 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,041,667
Return: $0 (own at exit: 5.99%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)
   Check 2: $230,769 @ $11,000,000 (2.1%)
   Check 2 Returns: $0 (1.07% ownership @ exit)

Company 6 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $3,947,251
Return: $0 (own at exit: 7.58%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)
   Check 2: $230,769 @ $11,500,000 (2.01%)
   Check 2 Returns: $0 (1.03% ownership @ exit)

Company 7 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,366,743
Return: $0 (own at exit: 4.12%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)
   Check 2: $230,769 @ $14,000,000 (1.65%)
   Check 2 Returns: $0 (0.84% ownership @ exit)

Company 8 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,609,442
Return: $0 (own at exit: 4.52%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 9 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,712,746
Return: $0 (own at exit: 5.28%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)
   Check 2: $230,769 @ $13,000,000 (1.78%)
   Check 2 Returns: $0 (0.91% ownership @ exit)

Company 10 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 3.28%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)

Company 11 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 12 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,381,215
Return: $0 (own at exit: 4.72%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $15,000,000 (1.54%)
   Check 2 Returns: $0 (0.79% ownership @ exit)

Company 13 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,410,398
Return: $0 (own at exit: 4.09%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)
   Check 2: $230,769 @ $14,500,000 (1.59%)
   Check 2 Returns: $0 (0.81% ownership @ exit)

Company 14 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 3.57%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)

Company 15 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 6.55%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)

Company 16 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 19 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 2.81%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)

Company 20 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 21 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 22 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 6.55%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)

Company 23 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 24 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 4.37%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)

Company 25 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,378,676
Return: $0 (own at exit: 5.54%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)
   Check 2: $230,769 @ $19,000,000 (1.21%)
   Check 2 Returns: $0 (0.62% ownership @ exit)

Company 27 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,509,662
Return: $0 (own at exit: 4.61%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $17,500,000 (1.32%)
   Check 2 Returns: $0 (0.68% ownership @ exit)

Company 28 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,847,305
Return: $0 (own at exit: 5.13%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)
   Check 2: $230,769 @ $15,500,000 (1.49%)
   Check 2 Returns: $0 (0.76% ownership @ exit)

Company 29 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,780,488
Return: $0 (own at exit: 6.21%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 30 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,509,662
Return: $0 (own at exit: 4.61%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $17,500,000 (1.32%)
   Check 2 Returns: $0 (0.68% ownership @ exit)

Company 31 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 3.93%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)

Company 32 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 33 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,948,498
Return: $0 (own at exit: 5.03%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)
   Check 2: $230,769 @ $18,000,000 (1.28%)
   Check 2 Returns: $0 (0.66% ownership @ exit)

Company 34 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,324,324
Return: $0 (own at exit: 3.62%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 35 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,568,376
Return: $0 (own at exit: 4.05%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)
   Check 2: $230,769 @ $11,500,000 (2.01%)
   Check 2 Returns: $0 (1.03% ownership @ exit)

Company 36 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 37 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,521,152
Return: $0 (own at exit: 6.64%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $11,500,000 (2.01%)
   Check 2 Returns: $0 (1.03% ownership @ exit)

Company 38 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 3.28%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)

Company 39 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 4.37%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)

Company 40 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 3.28%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)

Company 41 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,123,790
Return: $0 (own at exit: 4.96%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $11,500,000 (2.01%)
   Check 2 Returns: $0 (1.03% ownership @ exit)

Company 42 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,320,423
Return: $0 (own at exit: 4.15%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)
   Check 2: $230,769 @ $13,500,000 (1.71%)
   Check 2 Returns: $0 (0.88% ownership @ exit)

Company 43 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,989,170
Return: $0 (own at exit: 4.31%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)
   Check 2: $230,769 @ $16,000,000 (1.44%)
   Check 2 Returns: $0 (0.74% ownership @ exit)

Company 44 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 45 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 3.57%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)

Company 46 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 47 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,356,589
Return: $0 (own at exit: 3.65%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $14,000,000 (1.65%)
   Check 2 Returns: $0 (0.84% ownership @ exit)

Company 48 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 49 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,588,736
Return: $0 (own at exit: 6.53%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $13,000,000 (1.78%)
   Check 2 Returns: $0 (0.91% ownership @ exit)

Top Quartile Portfolio

75% of simulated portfolios performed worse than this portfolio, 25% performed better%. Click 'show/hide details' to see each investment.

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Top Quartile Fund Portfolio

Company 40 - $1,061,559,333 exit after 6 rounds
Invested: $710,769
Blended Cost Basis: $6,409,774
Return: $39,867,437 (own at exit: 3.76%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $33,393,769 (3.15% ownership @ exit)
   Check 2: $230,769 @ $15,500,000 (1.49%)
   Check 2 Returns: $6,473,668 (0.61% ownership @ exit)

Company 35 - $1,008,962,907 exit after 6 rounds
Invested: $480,000
Blended Cost Basis: $6,000,000
Return: $26,449,357 (own at exit: 2.62%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $26,449,357 (2.62% ownership @ exit)

Company 4 - $119,981,077 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,333,333
Return: $5,046,736 (own at exit: 4.21%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $3,629,113 (3.02% ownership @ exit)
   Check 2: $230,769 @ $10,000,000 (2.31%)
   Check 2 Returns: $1,417,622 (1.18% ownership @ exit)

Company 44 - $105,873,285 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $3,905,797
Return: $8,129,877 (own at exit: 7.68%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $6,938,511 (6.55% ownership @ exit)
   Check 2: $230,769 @ $10,500,000 (2.2%)
   Check 2 Returns: $1,191,365 (1.13% ownership @ exit)

Company 0 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 3.57%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)

Company 1 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,872,428
Return: $0 (own at exit: 3.4%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 2 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,839,781
Return: $0 (own at exit: 3.41%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $19,500,000 (1.18%)
   Check 2 Returns: $0 (0.61% ownership @ exit)

Company 3 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,207,729
Return: $0 (own at exit: 5.76%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)
   Check 2: $230,769 @ $14,000,000 (1.65%)
   Check 2 Returns: $0 (0.84% ownership @ exit)

Company 5 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,412,809
Return: $0 (own at exit: 3.62%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $14,500,000 (1.59%)
   Check 2 Returns: $0 (0.81% ownership @ exit)

Company 6 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,552,438
Return: $0 (own at exit: 4.57%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $18,500,000 (1.25%)
   Check 2 Returns: $0 (0.64% ownership @ exit)

Company 7 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 3.93%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)

Company 8 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 9 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,024,590
Return: $0 (own at exit: 5.06%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $10,500,000 (2.2%)
   Check 2 Returns: $0 (1.13% ownership @ exit)

Company 10 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 4.37%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)

Company 11 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,130,435
Return: $0 (own at exit: 3.72%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)
   Check 2: $230,769 @ $17,000,000 (1.36%)
   Check 2 Returns: $0 (0.7% ownership @ exit)

Company 12 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,133,333
Return: $0 (own at exit: 5.86%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)
   Check 2: $230,769 @ $12,500,000 (1.85%)
   Check 2 Returns: $0 (0.95% ownership @ exit)

Company 13 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,094,891
Return: $0 (own at exit: 7.25%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)
   Check 2: $230,769 @ $17,000,000 (1.36%)
   Check 2 Returns: $0 (0.7% ownership @ exit)

Company 14 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 15 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 16 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 6.55%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)

Company 17 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 3.57%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)

Company 18 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 19 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 20 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 3.02%)
   Check 1: $480,000 @ $6,500,000 (7.38%)
   Check 1 Returns: $0 (3.02% ownership @ exit)

Company 21 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 2.81%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)

Company 22 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 2.81%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)

Company 23 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 6.55%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)

Company 24 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,989,170
Return: $0 (own at exit: 4.31%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)
   Check 2: $230,769 @ $16,000,000 (1.44%)
   Check 2 Returns: $0 (0.74% ownership @ exit)

Company 25 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,567,797
Return: $0 (own at exit: 6.56%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $12,500,000 (1.85%)
   Check 2 Returns: $0 (0.95% ownership @ exit)

Company 26 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,693,548
Return: $0 (own at exit: 3.48%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $17,500,000 (1.32%)
   Check 2 Returns: $0 (0.68% ownership @ exit)

Company 27 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,968,992
Return: $0 (own at exit: 5.11%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $10,000,000 (2.31%)
   Check 2 Returns: $0 (1.18% ownership @ exit)

Company 28 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $7,171,733
Return: $0 (own at exit: 4.18%)
   Check 1: $480,000 @ $5,500,000 (8.73%)
   Check 1 Returns: $0 (3.57% ownership @ exit)
   Check 2: $230,769 @ $19,500,000 (1.18%)
   Check 2 Returns: $0 (0.61% ownership @ exit)

Company 29 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $3,905,797
Return: $0 (own at exit: 7.68%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)
   Check 2: $230,769 @ $10,500,000 (2.2%)
   Check 2 Returns: $0 (1.13% ownership @ exit)

Company 30 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,041,667
Return: $0 (own at exit: 5.99%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)
   Check 2: $230,769 @ $11,000,000 (2.1%)
   Check 2 Returns: $0 (1.07% ownership @ exit)

Company 31 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 32 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $8,166,667
Return: $0 (own at exit: 3.75%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)
   Check 2: $230,769 @ $12,500,000 (1.85%)
   Check 2 Returns: $0 (0.95% ownership @ exit)

Company 33 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $3,882,353
Return: $0 (own at exit: 7.74%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)
   Check 2: $230,769 @ $10,000,000 (2.31%)
   Check 2 Returns: $0 (1.18% ownership @ exit)

Company 34 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,567,797
Return: $0 (own at exit: 6.56%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $12,500,000 (1.85%)
   Check 2 Returns: $0 (0.95% ownership @ exit)

Company 36 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,013,015
Return: $0 (own at exit: 4.96%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 37 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 3.28%)
   Check 1: $480,000 @ $6,000,000 (8%)
   Check 1 Returns: $0 (3.28% ownership @ exit)

Company 38 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 3.93%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)

Company 39 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 5.62%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)

Company 41 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $6,284,764
Return: $0 (own at exit: 4.81%)
   Check 1: $480,000 @ $5,000,000 (9.6%)
   Check 1 Returns: $0 (3.93% ownership @ exit)
   Check 2: $230,769 @ $13,500,000 (1.71%)
   Check 2 Returns: $0 (0.88% ownership @ exit)

Company 42 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $5,568,298
Return: $0 (own at exit: 5.44%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)
   Check 2: $230,769 @ $11,000,000 (2.1%)
   Check 2 Returns: $0 (1.07% ownership @ exit)

Company 43 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 2.81%)
   Check 1: $480,000 @ $7,000,000 (6.86%)
   Check 1 Returns: $0 (2.81% ownership @ exit)

Company 45 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,143,498
Return: $0 (own at exit: 7.14%)
   Check 1: $480,000 @ $3,000,000 (16%)
   Check 1 Returns: $0 (6.55% ownership @ exit)
   Check 2: $230,769 @ $20,000,000 (1.15%)
   Check 2 Returns: $0 (0.59% ownership @ exit)

Company 46 - $0 exit after 5 rounds
Invested: $710,769
Blended Cost Basis: $4,728,070
Return: $0 (own at exit: 6.29%)
   Check 1: $480,000 @ $3,500,000 (13.71%)
   Check 1 Returns: $0 (5.62% ownership @ exit)
   Check 2: $230,769 @ $17,500,000 (1.32%)
   Check 2 Returns: $0 (0.68% ownership @ exit)

Company 47 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 48 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 4.92%)
   Check 1: $480,000 @ $4,000,000 (12%)
   Check 1 Returns: $0 (4.92% ownership @ exit)

Company 49 - $0 exit after 5 rounds
Invested: $480,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 4.37%)
   Check 1: $480,000 @ $4,500,000 (10.67%)
   Check 1 Returns: $0 (4.37% ownership @ exit)

Portfolio Size vs TVPI

How changing portfolio size would affect returns.

Reserves (%) vs TVPI

How changing the percent of capital reserved for follow-on would affect returns.

Fund Model

Fund
$30,000,000
Investments
50
Reserve
20%
Follow-on rate
50%
Follow-on Picking
Above Average Picking

Fork this model

Indian Preseed Market

Early Stage Indian Startups

Company Valuations

Entry Valuation
$3-7M
Follow-on Valuation
$10-20M

Dilution

Dilution Per Round
20%

Outcome Distribution

Probability Exit Rounds
1% $1B 6
2% $500M 5
5% $100M 5
92% $0 5