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In this YouTube tutorial, the focus is on exploring examples in Excel related to private equity distribution waterfalls. The tutorial will delve into three different examples on tabs 1 through 3, starting with tab 1. The goal is to understand the sequence by adding a little bit of math each time. Tab 1 will simplify the calculation process by eliminating complexities and focusing on splitting profits after returning the principal invested and the preferred return to limited partners. The tutorial will provide a detailed explanation of transaction details, equity participants (GP and LP), and equity participation terms.