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These are the cap tables for DELTA, Inc. AFTER two different financing rounds (Series A & Series B). Before invest. Series A Series B Shares

These are the cap tables for DELTA, Inc. AFTER two different financing rounds (Series A & Series B).

Before invest.

Series A

Series B

Shares held - total after round

Percent

Value of all shared held

Shares held - total after round

Percent

Value of all shares held

Founder

90%

5,400,000

67.5%

$5,400,000

5,400,000

48%

$10,800,000

Investor A

2,000,000

25.0%

$2,000,000

2,250,000

20%

$4,500,000

Investor B

--

--

--

3,000,000

26.7%

$6,000,000

Options

10%

600,000

7.5%

$600,000

600,000

5.3%

$1,200,000

Total

100%

8,000,000

100%

$8,000,000

11,250,000

100.0%

$22,500,000

Assume the following:

The company sells for $100,000,000

Series A has a 2X Participating Preference

Series B has a 1X Participating Preference

The Founders are fully vested in their shares and own them outright

Using the cap table above for Delta. Inc., calculate the amount of money that the Founder would have as her take-away.

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