An exit sounds like the big payday, but how much actually ends up with you as a founder is determined by the waterfall. It governs how sale proceeds are distributed, catching many by surprise when it’s already too late. In this Academy session, Stefan Kimmel and Florian Sander from KPMG will provide practical insights into how a waterfall is structured and which contractual clauses ultimately decide your share.
What to expect:
- How an exit waterfall is structured step-by-step
- Which clauses (e.g. liquidation preferences) dictate who gets what and when
- Tax pitfalls surrounding exit structures before they become costly
KPMG is one of the leading auditing and advisory firms, supporting companies through KPMG Law and Deal Advisory Tax along the entire transaction and exit process, from structure to closing.
