Venture Math
Session 06 / 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.
Andy Ku
Andy
Ku
Partner, AI Fund ·
Former Partner, IQT (In-Q-Tel)
Partner at AI Fund, where he leads the product building team that incubates and invests in startups alongside Founders in Residence and corporate partners. Before that, a partner at IQT investing on behalf of the U.S. government, whose portfolio includes GitLab, Palantir, and Rocket Lab. Former Director of Product Marketing at LinkedIn and a White House Fellow. Harvard MBA.
Lorenzo Barberis Canonico
Hosted by Lorenzo Barberis Canonico,
President of Cassandra Labs
06 Warrants & Strategic Investors
What corporate, government, and studio investors want that financial VCs don’t — and what their paper actually costs you
01 Warrants: how they work and when a strategic asks for them
02 Corporate VC: strategic value vs. signaling risk
03 Government-adjacent capital and what it buys you
04 Venture studio equity: what co-founding with a fund costs
Date
Oct 7
Time
4:30 – 6:30pm
Location
Register & full schedule
hilarious-droplet-6be.notion.site/
Venture-Math