3 ms·
Unless your valuation is $10M+ and your notes' caps were $6M+, I don't see how investors won't own ~55%+ after Series A (before accounting for 20% option pool).
by tonydiv 12y ago
Unless your valuation is $10M+ and your notes' caps were $6M+, I don't see how investors won't own ~55%+ after Series A (before accounting for 20% option pool).
- dmor 12y agoYup. SmartAsset (YC S12) has an awesome calculator you can use to play with various scenarios: https://www.smartasset.com/infographic/startup https://www.smartasset.com/infographic/startup