Maximising Valuation:
From Inception to Exit.
Financial modelling, valuation and the mechanics of raising and investing. Most courses teach the formulas.
This one teaches the deal.
High multiples are not negotiated at exit. They are built in from inception.
A build-along programme from a blank Excel sheet to a fully linked model, a defensible valuation, and a clear view of how money is raised, structured, protected and returned. Taught from both sides of the table.
The premise runs through every module. High multiples are built into a company from inception, in the numbers, the structure and the terms. This course teaches that discipline from the first session.
And it teaches you to do the work yourself. When the room turns and the pressure rises, you should not be dependent on the word of an external advisor. You will know what the model says, what the clause does and what the number is worth, because you built all three.
Founders, investors, and those who want the whole deal.
Founders who want credible numbers to maximise valuation and the standing to raise from choice. Investors who want to read a model, price risk, understand what they are signing and compare the true returns.
Those moving into corporate finance who need the whole deal, not the theory alone. CFA and FMVA candidates who want the practice and practical cases to sit beside the study.
Nine modules. One company carried from forecast to exit.
00 · Prep pack
Excel discipline, modelling hygiene, the accounting to keep pace. Sent on enrolment.
01 · Foundations
How the three statements link and flow. Architecture: inputs, calculations, outputs, a clean convention.
02 · Build the model
Driver-based revenue, costs and working capital. The statements resolved with a debt schedule, circularity and the cash plug. Scenario and sensitivity built in.
03 · Value the business
Four methods triangulated into a range: comparables, precedents, DCF, LBO. Early-stage methods where cashflows do not yet exist.
04 · Measure the return
IRR, MOIC, payback, cash-on-cash. Why IRR and MOIC diverge, and gross against net once carry enters.
05 · The market
The lifecycle from angel to seed to venture to growth to private equity, and the exit by sale or listing. What each investor requires, and the metrics that prove it.
06 · The instruments
Equity, preferred, quasi-equity, CLN, SAFE, ASA, venture debt, warrants. Investor reliefs, and how returns are truly structured.
07 · The deal
Every document in its place across the flow: NDA, teaser, IM, term sheet, diligence, disclosure letter, SHA, subscription, SPA, APA, prospectus. Then protections and control in detail.
08 · The exit
The capstone. Cap table, preference stack and waterfall combined, so the modelling, the returns and the protections resolve into who actually receives what. This is the room where the founder holding ninety per cent discovers what ninety per cent was worth.
The library compounds. Nothing is missed.
Materials released weekly, so the library compounds. Sessions recorded and posted, so nothing is missed. Questions submitted in advance and answered directly. One company carried through the whole course, from forecast to valuation to raise to exit.
A model you built. A valuation you can defend.
A three-statement model you built. A valuation you can defend. And the literacy to know what every term, document and number does before you sign it.
Founding cohort places are limited.
Founding cohort pricing is shown at checkout.
Turnover is vanity. Profit is sanity. Cash is king.
Lectures, workshops and mentoring.
I lecture on this material. I have taught at Trinity through LaunchBox, and I mentor founders with the ADAPT Centre.
For a lecture, a workshop, or mentoring, reach me directly.
