***All numbers have been heavily modified to protect privacy. In some instances, the numbers may not be logical.***

The following financial model is of a tech company that started in 2014 and raised multiple rounds from investors. The model includes a pro forma cap table and a forecast of the income statement, balance sheet, and statement of cash flows. The model includes assumptions about revenue, expenses, assets, and liabilities. Many inputs for salaries, other expenses, and customer pipeline were omitted to protect privacy. Also, included in this analysis is a valuation method for comparison purposes only.