(a) If SampleCo decides to raise $1M instead of $750K, what would the cap table look like given a post-money option pool of 10% and
(a) If SampleCo decides to raise $1M instead of $750K, what would the cap table look like given a post-money option pool of 10% and the same share price and pre-money valuation?
(b)If no options are granted from the option pool, what would a $10M exit look like for the founders and investors at the original terms?
EXHIBIT A SampleCo. Pro Forma Capitalization Table SampleCo. Inc Series Seed Preferred Stock Pre-Money Valuation: Share Price: $3,000,000 $ 1.3125 Raise Amount: $ 750,000 Option Pool: Post-Money: $3,750,000 10% Pre-Financing Post Seed Financing Common Fully Shareholder Stock Diluted % Common Stock Seed Preferred Options Total Stock Fully Diluted % Founder 1 1,000,000 50% 1,000,000 Founder 2 1,000,000 50% 1,000,000 1,000,000 35.0% 1,000,000 35.0% Investor Options Total 2,000,000 100% - 571,430 571,430 20.0% 285,582 285,582 10.0% 2,857,012 100%
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