Audit Assumptions Against Hard Cap Table Evidence
Systematically review every diagnostic score element to isolate empirically proven statements from optimistic founder assumptions. Audit written investor commitments, pro-rata guarantees, and runway projections against actual cash burn and signed legal agreements.
Completing this action eliminates dangerous founder bias and ungrounded optimism from the venture's financial planning. It guarantees that board members and downstream investors evaluate an authentic operational reality rather than a speculative narrative.
Produce a two-column audit table separating verified round facts (backed by bank statements, term sheets, or signed SAFEs) from unverified assumptions. Highlight all unbacked claims regarding soft investor commitments or future valuation expectations.
Five questions an expert would ask when reviewing your output
Use these to challenge assumptions, pressure-test your logic, and check the quality of this action's output in the context of the parent task and wider venture development.
- 1
Which of your listed seed commitments are backed by signed documents rather than verbal expressions of interest?
- 2
What hard evidence supports your assumption that your current seed angels will introduce you to Series A lead partners?
- 3
How do your cash burn assumptions change when stress-tested against a six-month extension in Series A fundraising timelines?
- 4
Why have you classified soft commitments from warm network contacts as high-probability capital in your diagnostic?
- 5
What empirical proof do you have that your sector's Series A valuation multiples will hold over the next eighteen months?