903Course · Practitioner
Equity
The disciplined dilution.
Equity is disciplined dilution. This course teaches the equity stack, preferred-vs-common mechanics, liquidation preferences and participation, and the cap-table math that predicts your outcome at exit.
- 01
State the equity capital stack.
- 02
Distinguish preferred from common.
- 03
Model dilution honestly.
Pacing
1–2 weeks · ~5 hours plus the Lab.
- IModule
Stack
- IIModule
Modeling
- IIIModule
Applied