| A | B | C | D | E | F | G | H | |
|---|---|---|---|---|---|---|---|---|
1 | From The Seed Labs Team | Feel free to duplicate and run your own scenarios! | ||||||
2 | Assumptions | Lifetime Costs | ||||||
3 | Item | Description | Value | Direct Invest | Seed Labs Founder-Led Vehicle | |||
4 | Number of investors | Enter the number of individual investors (angels, etc.) you’re expecting to raise from | 45 | Total | $103,500 | $4,800 | ||
5 | Legal Hourly Rate ($/hour) | Enter the expected hourly rate for your legal team | $750 | Initial Closing Docs / Wire / Signature Reconciliation | $16,875 | $375 | ||
6 | Years before exit (years) | Enter the number of years before your company’s expected exit | 8 | Lifetime Cap Table Cost | $36,000 | $800 | ||
7 | Additional Rounds of Funding | Enter the number of additional rounds you expect to raise after your current. | 5 | Additional legal & admin costs for increased cap table complexity | $16,875 | $375 | ||
8 | Costs of obtaining shareholder consents | $27,000 | $600 | |||||
9 | Advanced Assumptions | Investor Document Generation (instrument conversion) | $6,750 | $150 | ||||
10 | You would save $99,000 by using Seed Labs. | |||||||
11 | Hours per investor for reach-out and correspondence (hours) | Enter the amount of time you expect lawyers will spend collecting a signature from a single investor | 0.2 | |||||
12 | Hours per investor to draft documents & collect signatures (hours) | Hours per investor to draft documents & collect signatures | 0.5 | |||||
13 | Cost per year for cap table management per shareholder ($/year) | Cost per year for Cap Table Management per shareholder | $100 | |||||
14 | Hours per cap table entry for proformas (hours) | Enter the number of hours you’re expecting your legal team to spend per investor row on the cap table | 0.1 | |||||
15 | Future Shareholder Consents | Enter the number of future shareholder consents you might have | 4 | |||||
16 | ||||||||