Founder Message
– Cary Potter
For over 30 years, I worked with private equity and family offices that invested in preferred stock, SAFEs, and other convertible notes and companies managing complex security valuations. Examining the terms of corporate documents and security agreements to understand the anticipated cash flows from the arrangements provided me with a unique perspective on the nuances of returns from preferential rights. More often than not, when delivering the waterfall of cash flows expected, clients were intrigued, surprised, and very mad in some cases. The subsequent calls with the C-Suite and their lawyers, and the persistent errors found in the Excel models sent from larger private equity and law firms, inspired me to create CapUCalc. The ability to share intent is key to reducing risks. We have the opportunity to build a people-first, collaborative platform with AI support tools. The proliferation of private company investments is expanding while deal terms are getting more complex. I hope that CapUCalc provides a system of record for those responsible for interpreting and communicating the current and future expectations of cash flows from these arrangements. Please check out my content and suggest new ideas or topics to cover.