1
CALCULATE COMMON SHAREHOLDER DILUTION
Please enter the following information based on the company's current capital structure.
Are there any Convertible Notes outstanding?
Convertible Note Financing
A note that accrues interest and includes the option or requirement that it be converted into equity at the time of an equity financing - sometimes at a discount to the price of equity securities offered or subject to a cap on valuation.
Yes
No
Principal & Interest Accrued
Includes all unpaid principal and interest that will have accrued on the note prior to the equity financing.
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2
Please enter the proposed financing terms in the fields provided below. More than one scenario may be entered.
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Option Pool
Authorized pool established in connection with the equity financing earmarked for the future issuance of options.
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Clear Inputs
Results Summary
Pre-Money Valuation
{{formatNumbers(scenarios['one'].results.valuationNumbers[0].value, '$0,0')}}
Input Required
Investment Amount
{{formatNumbers(scenarios['one'].results.valuationNumbers[1].value, '$0,0')}}
Input Required
Post-Money Valuation
{{formatNumbers(scenarios['one'].results.valuationNumbers[2].value, '$0,0')}}
Input Required
Common shareholders will be diluted by
{{formatNumbers(scenarios['one'].results.valuationNumbers[3].value, '0,0.00')}}%
Input Required
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Option Pool
Authorized pool established in connection with the equity financing earmarked for the future issuance of options.
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Clear Inputs
Results Summary
Pre-Money Valuation
{{formatNumbers(scenarios['two'].results.valuationNumbers[0].value, '$0,0')}}
Input Required
Investment Amount
{{formatNumbers(scenarios['two'].results.valuationNumbers[1].value, '$0,0')}}
Input Required
Post-Money Valuation
{{formatNumbers(scenarios['two'].results.valuationNumbers[2].value, '$0,0')}}
Input Required
Common shareholders will be diluted by
{{formatNumbers(scenarios['two'].results.valuationNumbers[3].value, '0,0[.]00')}}%
Input Required
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Option Pool
Authorized pool established in connection with the equity financing earmarked for the future issuance of options.
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Clear Inputs
Results Summary
Pre-Money Valuation
{{formatNumbers(scenarios['three'].results.valuationNumbers[0].value, '$0,0')}}
Input Required
Investment Amount
{{formatNumbers(scenarios['three'].results.valuationNumbers[1].value, '$0,0')}}
Input Required
Post-Money Valuation
{{formatNumbers(scenarios['three'].results.valuationNumbers[2].value, '$0,0')}}
Input Required
Common shareholders will be diluted by
{{formatNumbers(scenarios['three'].results.valuationNumbers[3].value, '0,0[.]00')}}%
Input Required
Pro Forma Ownership Structure
Enter information in Scenario 1 to generate report
Notes
Options
Preferred
Common
Select Scenario
1
2
3
- It is assumed that common shareholders collectively hold 100% of the equity prior to the hypothetical equity financing and that no other equity has been issued or promised.
- This calculator assumes no option pool exists prior to financing and that any option pool established in connection with the round will be factored into the pre-money, meaning new investors will not be diluted by the addition of the pool.
- It is assumed that existing convertible notes will convert into the same type of security offered in the financing. Note conversion shares will be factored into the pre-money, resulting in no dilution to new investors. Conversion of the notes is based upon the better of the Valuation Cap or the Discount Percentage, whichever results in the most shares for noteholders.
- All references to currency are in USD.
X
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