VC After Dark.

Resources

Free resources

Models, frameworks, and summaries. Free to use and adapt. No email required.

Models

Spreadsheet

Seed-to-A runway model

How much to raise so the seed funds a real Series A proof point.

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Spreadsheet

SAFE conversion and dilution calculator

What stacked SAFEs actually cost you at the priced round.

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Spreadsheet

Pro rata decision model

Whether exercising pro rata still clears your fund's return target.

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Frameworks

One-pager

What a non-lead investor actually checks

How to prepare for co-investor conversations in a round.

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Template

Series A readiness scorecard

Whether you are ready to start the Series A process now.

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Template

Senior hire pre-mortem template

Whether a first executive hire is likely to fail, before you make it.

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Summaries

Summary

Term sheet terms that matter at seed

Which terms to negotiate and which to accept.

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Summary

Changed My Mind entries by theme

Where my views on venture have shifted, grouped by topic.

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Summary

Ten pieces on venture math worth reading twice

Building intuition for power laws, reserves, and fund returns.

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