Summary:

this is an example template for creating a VC fund model. the default assumes a fund size of $20M and 40 companies of $500K checks but can be modified for other scenarios. there are multiple tabs for simple and slightly more complex models that include 1) first-check only, 2) follow-on checks, and 3) basic capital recycling. there are also assumptions about exit scenarios based on conservative and optimistic distributions of exits.