Price per share
New investor ownership
Fully diluted shares
Option pool added
No one is taking pro rata in this round.
No one is taking pro rata in this round.
Fully diluted share of the company, starting from the live cap table.
Base is the live cap table before any modeled round. Final is after Series B. FD counts every instrument in the fully diluted total; Issued counts issued and outstanding equity only. Change is in percentage points; dilution is the share of a holder's own stake that was given up.
Each column runs its saved rounds against the cap table as it stands right now, so changing a position moves every column. Ownership is measured after the last round of that scenario, and the figure under it is the change in percentage points from the live cap table.
| Metric | Scenario 1 | Higher Pre |
|---|---|---|
| Rounds | ||
| Rounds modeled | 2 | 1 |
| Last round | Series B | Series A |
| Price per share | $3.6723 | $3.7500 |
| Post-money valuation | $48,000,000 | $35,000,000 |
| Fully diluted shares | 13,436,513 | 9,866,667 |
| Ownership after the last round, fully diluted | ||
| Bridge Investor | 2.72%+2.72 pp | - |
| Employee Option Pool | 10.00%-2.50 pp | 10.14%-2.36 pp |
| Founder 1 | 29.77%-20.23 pp | 40.54%-9.46 pp |
| Founder 2 | 14.88%-10.12 pp | 20.27%-4.73 pp |
| Lead | - | 13.51%+13.51 pp |
| SAFE Investor | 3.97%+3.97 pp | 5.41%+5.41 pp |
| Seed Investor | 7.44%-5.06 pp | 10.14%-2.36 pp |
| Series A Lead | 15.00%+15.00 pp | - |
| Series B Lead | 16.21%+16.21 pp | - |
| Ownership after the last round, issued and outstanding | ||
| Bridge Investor | 3.03%+3.03 pp | - |
| Employee Option Pool | 0.00%0.00 pp | 0.00%0.00 pp |
| Founder 1 | 33.08%-24.07 pp | 45.11%-12.03 pp |
| Founder 2 | 16.54%-12.03 pp | 22.56%-6.02 pp |
| Lead | - | 15.04%+15.04 pp |
| SAFE Investor | 4.41%+4.41 pp | 6.02%+6.02 pp |
| Seed Investor | 8.27%-6.02 pp | 11.28%-3.01 pp |
| Series A Lead | 16.66%+16.66 pp | - |
| Series B Lead | 18.01%+18.01 pp | - |