Model your next round.
See the post-money valuation, the price per share, your dilution and the resulting cap table — including who really pays for a new option pool. The maths is standard; the negotiation is where we come in.
Enter your round
Enter a pre-money valuation, the amount you are raising and any new option pool to see the post-money valuation, the price per share, how much you are diluted, and the resulting cap table. The maths is standard; the negotiation is where we come in.
- Existing shareholders
- New investor
- Option pool
Indicative only, on a standard model, and not legal, tax or financial advice. Real rounds involve share classes, liquidation preferences, existing options and conversion mechanics this tool does not capture. Use it to understand the shape of a round, then let us model your actual cap table.
The one line that moves the most money
Whether a new option pool is created pre-money or post-money decides who bears its dilution — the founders alone, or everyone in the round. It is a single line in a term sheet worth several points of the company. Try both settings above, then read who really pays for your ESOP.
Raising a round?
Whether you are incorporating, raising a round, buying a business or heading for an exit, the first conversation is on us. Send a short outline and the right partner will respond within one working day.