[Fawlty]

It’s cool that you’ve built it! It truly gets complicated, especially when at later stage you start getting venture debt (not safes), more demanding LiqPref and you’re facing an exit at a price which is not ideal. Tbh I usually end up with bespoke excel files for each company to have a full understanding of waterfall for all parties and be able to simulate their payout and incentives at different exit price. But I’m sure even this tool can be helpful - if you need any help with that, lmk!