3 ms·
A couple of things stick out from this numbers wise: * 7 founders (~14% split evenly, unlikely though) * 41M raised * Staff of 27 (obviously get some equity)
by arfrank 16y ago
A couple of things stick out from this numbers wise:
* 7 founders (~14% split evenly, unlikely though)
* 41M raised
* Staff of 27 (obviously get some equity)
Some valuation math:
(Dilution) Pre-Money Post-Money (Founder dilution from ~14.28%)
15% 232.3M 273.3M 12.1%
20% 164M 205M 11.4%
25% 123M 164M 10.7%
30% 95.6M 136.6M 9.99%
40% 61.5M 102.5M 8.57%
50% 41M 82M 7.14%
I realize the percentages are essentially a wild guess, but I feel its a good data point to add in.