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How do you calculate what the fully diluted shareholding of a VC Fund will be once they invest in a startup? a . You take

How do you calculate what the fully diluted shareholding of a VC Fund will be once they invest in a startup?
a.
You take the pre-money valuation (A), add the investment amount (B), and add the ESOP value (C) to get D, and then divide B by D.
b.
You take the post-money valuation (A), add the investment amount (B), add the ESOP value (C) to get D, and then divide A, B + C by D.
c.
You take the post-money valuation (A), add the investment amount (B) to get C number of shares, and then divide the A + B by C.
d.
You take the pre-money valuation (A), add the investment amount (B) to get C number of shares, and then divide the A + B by C.

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