Course content

    1. Valuations & Value Creation

    2. Cap Table Modelling

    3. Recording

About this course

  • $44.00
  • 1 CPD hour
  • January 24, 2023

Course description

During this 1-hour webinar, Sapling is going to take attendees through a number of core topics related to modelling cap tables and valuations. During the cap table component, key topics will include the different types of equity structures, dealing with ESOP’s, liquidation, and antidilution concepts. During the valuations and value creation portion, Sapling will discuss valuation types, how to stress test models, and major elements of value creation. Sapling will also take attendees through sample models for each major component to get a better understanding of calculation structure and the application of the concepts.

Cap Table Modelling:

  • Cap Table structure and cap table walk through
  • Dealing with ESOP’s
  • Incorporating Economic Terms
  • Pay-to-Play
  • Antidilution (Full Ratchet & Weighted Average)
  • Liquidation Preference
  • Participation
  • Dealing with Down Rounds and Liquidation
  • Key Insights / Scenario Testing

    Valuations & Value Creation:

  • LBO Model Walk Through
  • Valuation types
  • Stress testing models
  • Value Creation

    • Instructor(s)

    Dave O'Brien

    Consultant (Sapling Financial)

    Dave is Chartered Professional Accountant and a Consultant with Sapling. Upon graduating from undergraduate studies at Wilfrid Laurier University, he worked for four years at a mid-size accounting firm. His time in public accounting gave him exposure to numerous companies in diverse industries, and a keen eye for analyzing financial statements. After cutting his teeth in public accounting, Dave furthered his education by completing a Master of Finance degree at Wilfrid Laurier University, to complement his background.

    With Sapling, Dave has helped grow the diligence practice, overseeing the preparation of Quality of Earnings reports for mid-market transactions in industries ranging from healthcare to aviation. As part of due diligence engagements, Dave leverages his background in accounting to understand the earnings of a company, and go deeper than internal or accountant-prepared financial statements. Additionally, Dave has experience in operational and budget modelling, valuations, and data analytics.

    During his spare time, Dave is an avid sports fan, cyclist, reader, and enjoys learning about Canadian history.

    Benjamin Corbett

    Analyst (Sapling Financial)

    Benjamin recently earned a Bachelor of Commerce (BComm) from the Smith School of Business at Queen’s University with a focus on finance. Previously, Ben was an intern at Yaletown Venture Partners, a Vancouver-based investor in early-stage software and cleantech companies, where he was responsible for due diligence, deal sourcing, and internal returns analysis. Earlier, he worked at Cadogan Park Wealth Management, also in Vancouver. While at Queen’s, he was a co-chair of the Queen’s Trading Committee (QTC) and worked for the search-fund King Sight Management.

    Drawing from his past professional and educational experiences, Ben is a thoughtful team member, has a strong desire to learn, and is highly committed to his work. Upon graduation, Benjamin is excited to jump-start his career at Sapling.