VC Simulator

Reading about venture capital is useful. Practising it is better. The VC Simulator is a set of short missions where you take the founder’s seat and make the decisions yourself.

What you will practise

  • Negotiating a term sheet with an investor who pushes back, and deciding which battles are worth fighting.
  • Working out your dilution and who gets paid what when the company is sold.
  • Spotting the clauses that look harmless but cost founders the most.
  • Thinking like a fund: the numbers an investor needs to see before saying yes.