Finance. Equity.
Founder decisions.

Fundraising & VC · Draft

Your VC May Prefer a $150 Million Exit to Your Next $100 Million Round. Here's Why.

Two investors can own shares in the same startup, see the same financial projections, and disagree about whether to sell. The explanation may be hiding in their venture funds, not your business.

Oran Yehiel · 10 min read

Fundraising & Equity

A $300 Million Startup Exit. How Much Do Founders Actually Get?

A startup can sell for $300 million and leave founders with far less than their ownership percentage suggests. Here's how the liquidation waterfall works.

Oran Yehiel · November 10, 2026