KD Athlete Angel Investment Multiplier & Waterfall Model

Total Return (MOIC)

240.0x

Gross Exit Payout

$60.0M

Net Investment Gain

$59.75M

Retained Equity %

1.50%

Deal Benchmark Presets

Cap Table & Dilution Controls

Initial Check Size ($) $250,000

Entry Post-Money Valuation ($) $10,000,000

Cumulative Dilution (%) 40%

Exit / M&A Valuation ($) $4,000,000,000

Holding Period (Years) 8 Years

KD invested $250k in Postmates at a ~$10M valuation via 35V. Despite 40% dilution down to 1.50% ownership, the $4.0B Uber acquisition yielded $60,000,000 gross.

Equity Value & Dilution Progression

Capitalization Waterfall Schedule

Round / Milestone	Company Val	Ownership %	Implied Value	Status