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I'm not entirely sure the calculations work.. Maybe I entered data wrong, but I was trying to model the acquisition/startup that I just went through. with our

by newcf 12y ago

I'm not entirely sure the calculations work.. Maybe I entered data wrong, but I was trying to model the acquisition/startup that I just went through. with our numbers, and our dollars, and my shares.... I walked with a heckuva lot of money, but that's not what the site said.

calebclark 12y ago
There is a bug that triggers when you add a funding round. It takes your equity percentage down to zero, regardless of the amount raised or pre-money valuation.
- x3c 12y ago
  Raise an issue in bug tracking. Name it the Zynga bug.
- drcoopster 12y ago
  That's not a bug.
  - deleted 12y ago
    [deleted]
  - SeoxyS 12y ago
    How so? I agree that as soon as you add a round of funding, the math gets wonky. For example, I'm trying to model what a ~5% ownership looks like, and as soon as I add a round of funding that creates 10% dilution with no liquidation preferences, the site says the final ownership percentage is zero. It doesn't even matter what the exit is for at that point, without liquidation preferences, the ownership should still be ~4.6%.
    - drcoopster 12y ago
      Because in real life, you still end up with nothing of value. :)
carrotleads 12y ago
What are you doing here on HN. Shouldn't you be on a beach? Don't tell us you have the startup bug!
- newcf 12y ago
  Ha! I hear you.. beach is good.... it was a truckload,not a boatload? :) I still have to work, but , you know.... I can do what I want when I want.. ok... I need to stop getting braggy.. sorry ... Yeah, I think it was with the equity addition.... Once I did that, my delta went in the negative, and it would have beeen better to stay corporate ;)
  - general_failure 12y ago
    In my books, heckuva lot of money == never having to work again.
    - newcf 12y ago
      I got taught the various levels of FU (f*ck you) money... Here are the responses available, when dealing with a pain in the ass at work: Level 1) FU, I don't have to work here.. but I should probably find a job in the sometime near future.. like.. the next year Level 2) FU, I don't have to work here.. or anywhere. I'm out Level 3) FU, I don't have to work here.. or anywhere... I'm going to my yacht. I got level 1 ;)
- newcf 12y ago
  OH, and TOTALLY have the startup bug.. I got lucky with a ton of blessings on the first one... I know it doesn't happen often.. but apparently it happens
russianbandit 12y ago
Mind sharing which start-up?
- newcf 12y ago
  Unfortunately I can't... lots of people "didn't" do too well, since it was a little early exit.. I was in early enough that I did well..

by newcf 12y ago

calebclark 12y ago

There is a bug that triggers when you add a funding round. It takes your equity percentage down to zero, regardless of the amount raised or pre-money valuation.

x3c 12y ago
Raise an issue in bug tracking. Name it the Zynga bug.
drcoopster 12y ago
That's not a bug.
- deleted 12y ago
  [deleted]
- SeoxyS 12y ago
  How so? I agree that as soon as you add a round of funding, the math gets wonky. For example, I'm trying to model what a ~5% ownership looks like, and as soon as I add a round of funding that creates 10% dilution with no liquidation preferences, the site says the final ownership percentage is zero. It doesn't even matter what the exit is for at that point, without liquidation preferences, the ownership should still be ~4.6%.
  - drcoopster 12y ago
    Because in real life, you still end up with nothing of value. :)

carrotleads 12y ago

What are you doing here on HN. Shouldn't you be on a beach? Don't tell us you have the startup bug!

newcf 12y ago
Ha! I hear you.. beach is good.... it was a truckload,not a boatload? :) I still have to work, but , you know.... I can do what I want when I want.. ok... I need to stop getting braggy.. sorry ... Yeah, I think it was with the equity addition.... Once I did that, my delta went in the negative, and it would have beeen better to stay corporate ;)
- general_failure 12y ago
  In my books, heckuva lot of money == never having to work again.
  - newcf 12y ago
    I got taught the various levels of FU (f*ck you) money... Here are the responses available, when dealing with a pain in the ass at work: Level 1) FU, I don't have to work here.. but I should probably find a job in the sometime near future.. like.. the next year Level 2) FU, I don't have to work here.. or anywhere. I'm out Level 3) FU, I don't have to work here.. or anywhere... I'm going to my yacht. I got level 1 ;)
newcf 12y ago
OH, and TOTALLY have the startup bug.. I got lucky with a ton of blessings on the first one... I know it doesn't happen often.. but apparently it happens

russianbandit 12y ago

Mind sharing which start-up?

newcf 12y ago
Unfortunately I can't... lots of people "didn't" do too well, since it was a little early exit.. I was in early enough that I did well..