Financing for startups. Play Venture Capital trivia solo to sharpen your knowledge, or challenge a friend head-to-head in Trivia Tango — every question comes with an explanation so you learn as you play. Questions span every level, from easy warm-ups to expert-level stumpers, so there's a real challenge here however much you already know.
A mix of easy, medium and hard — questions run from warm-up to expert, so there's a real challenge at every level. Think you know the answers? Play to find out.
This funding stage typically comes before Series A and helps a startup develop its product and prove its business concept.
Difficulty: EasyThis provision requires investors to participate in future financing rounds or lose special rights like anti-dilution protection.
Difficulty: MediumThis SEC rule adopted in 2012 permits general solicitation and advertising for private placements, provided all purchasers are verified accredited investors.
Difficulty: HardA presentation that entrepreneurs give to potential investors, typically consisting of 10-20 slides covering their business opportunity.
Difficulty: EasyThis return metric shows how much cash has actually been distributed back to investors, divided by capital called.
Difficulty: MediumThis calculation methodology determines the GP's share of profits by applying carried interest only to returns above a cumulative preferred return.
Difficulty: HardWhen a VC firm collects money from institutional investors and wealthy individuals to invest in startups, this pool of capital is called this.
Difficulty: EasyThis type of preferred stock lets investors choose between taking their liquidation preference OR converting to common and sharing proportionally.
Difficulty: Medium