Venture Math
Session 04 / 11  ·  Fall 2026
The numbers that matter most are the ones nobody shares.
This course reveals them.
Using Carta’s proprietary data on 40,000+ startups, we’ll take a data-driven tour through the startup lifecycle—from co-founder equity splits to IPO—exposing the benchmarks founders won’t share and the math investors won’t explain.
Nnamdi Iregbulem
Nnamdi
Iregbulem
Partner, Lightspeed Venture Partners ·
Formerly ICONIQ Capital and J.P. Morgan
Joined Lightspeed in 2020 and invests in technical enterprise software — developer tools, application infrastructure, and machine learning. Previously deployed $500M+ into high-growth software companies at ICONIQ Capital, including GitLab, Fastly, and Alteryx, after a stint in J.P. Morgan’s TMT group. A self-taught programmer who writes data-driven essays on software markets as @whoisnnamdi.
Lorenzo Barberis Canonico
Hosted by Lorenzo Barberis Canonico,
President of Cassandra Labs
04 Series B & Scaling Product-Market-Fit
Series B separates companies that found product-market fit from those that faked it — and it is when down rounds, refreshers, and secondaries enter the conversation
01 Growth vs. efficiency: what Series B investors prioritize now vs. 2021
02 Down rounds and flat rounds: mechanics and signaling effects
03 Employee equity refreshers: when and how much
04 Secondary sales: when they start, who can sell, and at what price
Date
Sept 23
Time
4:30 – 6:30pm
Location
Chou Hall N100
Register & full schedule
hilarious-droplet-6be.notion.site/
Venture-Math