diff --git a/README.md b/README.md
index 71d64d6..7bd8c06 100644
--- a/README.md
+++ b/README.md
@@ -13,12 +13,14 @@
 You will need a Linux environment with Docker. Once you have that, you can set things up:
 
 ```sh
-mkdir -p dependencies
-export OPENLANE_ROOT=$(pwd)/dependencies/openlane_src # you need to export this whenever you start a new shell
-export PDK_ROOT=$(pwd)/dependencies/pdks # you need to export this whenever you start a new shell
+mkdir -p deps
+export OPENLANE_ROOT=$(pwd)/deps/openlane_src # you need to export this whenever you start a new shell
+export PDK_ROOT=$(pwd)/deps/pdks # you need to export this whenever you start a new shell
 export PDK=gf180mcuC
 ```
 
+These steps are included in `activate-caravel.sh`, which you can just source.
+
 Next, do a one-time setup of the project.
 
 ```sh