Looking for spreadsheet math of Search Capital 1.5x step-up mechanism!

searcher profile

February 15, 2021

by a searcher from London Business School in Montreal, QC, Canada

Hi!

Can anyone share a spreadsheet showing the workings of the search capital 1.5x conversion mechanism into the acquisition cap table for Search Investors? Looking to better understand the dilution impact for new investors, if any, at the Acquisition funding round. Thanks a lot for the help!

3
3
237
Replies
3
commentor profile
Reply by an investor
from University of Pennsylvania in Washington, DC, USA
Depends if referring to 1.5X step-up in traditional search or similar dynamic in self-funded on equity multiple step-up. I have a sample excel model I can send you if helpful - redacted
commentor profile
Reply by a searcher
from Georgetown University in Waterloo, ON, Canada
I know ^redacted‌ had covered some of the economics on a webinar. May have some info to share?
commentor profile
+1 more reply.
Join the discussion