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19 Mar 2012 - Model review
This has several circular references and DIV/0 errors that breaks the spreadsheet. Furthermore it is only for Series A round and is US only model. There are no clear instructions on use coupled with a poor layout means not a lot of value. I look forward to an update from the author to address some of these points.
06 Jan 2012 - Model review
Perfect basic startup model, especially for online startups looking to understand the dynamics for Series A and other Venture Capital investment. Simple, elegant, useful. Highly recommended.