Train for Private Equity Through Interactive Deal Simulations
Practice LBO logic, investment memos, IC reasoning, diligence judgment, and PE interview cases with AI-guided feedback.
Opens Project Skyfall, a free analyst-level SaaS LBO screen.
Live sample challenge
Industrials platform screen
Sponsor memo excerpt
A sponsor is evaluating a GBP 75m EBITDA industrials platform at 11.0x entry. Organic growth is steady, customer concentration is moderate, and the base case relies on working-capital release plus one turn of exit multiple compression.
EBITDA
GBP 75m
Entry
11.0x
Deal value
GBP 825m
Proceed
Price is full, but recurring demand and working-capital upside justify diligence.
Pass
Entry multiple leaves no room for a miss in margin or exit assumptions.
Wait
Revisit only if seller expectations reset or leverage terms improve.
Mistake Cascade
Overpaying by one turn reduces the downside buffer. Eternal turns that miss into visible score damage, feedback, and a record you can improve.
Feedback
Strong answer if you proceed to focused diligence, but only with a valuation bridge, leverage case, and a clear downside test before IC.
Talent signal
Completed cases become evidence: decision quality, XP, cascade history, and recruiter-readable proof once your Talent Card is ready.
Built for practice, not advice
Explanation is useful. Repetition under pressure is different.
Eternal is an education and career-training platform. It gives aspiring PE candidates a place to screen deals, defend judgments, absorb feedback, and build evidence through completed simulations.
Decision
Read a deal artifact and commit to a judgment.
Consequence
Mistakes create visible score and confidence damage.
Signal
Completed cases become proof, not just course activity.
First challenge
Start with one deal before you browse the whole platform.
Project Skyfall asks you to spot revenue quality, calculate entry value, identify the key diligence risk, and make a first-pass recommendation. It is free, fast, and built to show the product loop immediately.
Start Free Deal ChallengeGet the beta briefing
Leave your email if you want the PE interview-prep track, challenge drops, and launch notes.
No investment advice, financial advice, or employment guarantee.
Educational training only. No financial advice. No job guarantee.