3 ms·
You have a 2M slice (money) and an 8M slice (pre valuation). The 2 is therefore 20%. I guess "relative" is a bit of an imprecise term. Tried to keep the formula
by floatrock 11y ago
You have a 2M slice (money) and an 8M slice (pre valuation). The 2 is therefore 20%. I guess "relative" is a bit of an imprecise term. Tried to keep the formulas out of it to make it more approachable, but I'll see if I can be more precise. Thanks!
- jessaustin 11y ago"Relative to" seems plenty precise to me. If you're dividing $2M by X and getting 20%, X = $10M, which would be "post-money".