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Now consider the same company, and the same valuation scenario described above. (Namely, the company is founded with 1m shares of common equity, split amongst

Now consider the same company, and the same valuation scenario described above. (Namely, the company is founded with 1m shares of common equity, split amongst the founders. A year later the company raises $3M of Series A funding at a $1M pre-money valuation.) Now assume that the option pool of 10% of post-money shares outstanding is taken out of the pre-money valuation of the firm. How many shares are there on a fully diluted basis, including the options?

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