Tools

See exactly who gets paid — and how much — when a company exits. Adjust the deal terms and watch the numbers change in real time.

Watch founder ownership dilute round by round — from founding through Series B. Adjust valuations and see exactly why each round changes the numbers.

See your real cost to exercise, AMT exposure, and net proceeds at different exit prices. Works for both ISOs and NSOs.

A realistic Series A term sheet with 9 clauses. Can you spot the red flags before you sign? Read mode explains each clause — Review mode lets you flag them yourself.

Drill every term across all tracks — flip cards, mark what you know, and review what you missed.