Opportunity-Cost

	B	C	D	E	F	G	H	I	J	K	L	M	N	O	P	Q	R	S	T	U	V	W	X	Y	Z	AA	AB	AC	AD	AE	AF	AG	AH	AI	AJ	AK	AL	AM	AN	AO	AP
1	Current Salary Level (Per Quarter)	6	Lakh
2	Salary Inflation	15%
3	Series C Bumpup	1.5	x
4	Number of Founders	2
5	Exit Probability	15%
6		Y1				Y2				Y3				Y4				Y5				Y6				Y7				Y8				Y9				Y10
7		Q1	Q2	Q3	Q4	Q5	Q6	Q7	Q8	Q9	Q10	Q11	Q12	Q13	Q14	Q15	Q16	Q17	Q18	Q19	Q20	Q21	Q22	Q23	Q24	Q25	Q26	Q27	Q28	Q29	Q30	Q31	Q32	Q33	Q34	Q35	Q36	Q37	Q38	Q39	Q40
8	Opportunity Cost Per Quarter	6.0	6.0	6.0	6.0	6.9	6.9	6.9	6.9	7.9	7.9	7.9	7.9	9.1	9.1	9.1	9.1	10.5	10.5	10.5	10.5	12.1	12.1	12.1	12.1	13.9	13.9	13.9	13.9	16.0	16.0	16.0	16.0	18.4	18.4	18.4	18.4	21.1	21.1	21.1	21.1
9	Funding Stage	Self		Angel Funded				Seed Funded						Series A Funded								Series B Funded								Series C Funded								PE Funded
10	Startups Salary per quarter	0.0	0.0	1.5	1.5	1.5	1.5	3.0	3.0	3.0	3.0	3.0	3.0	4.5	4.5	4.5	4.5	6.0	6.0	6.0	6.0	12.1	12.1	12.1	12.1	13.9	13.9	13.9	13.9	23.9	23.9	23.9	23.9	27.5	27.5	27.5	27.5	31.7	31.7	31.7	31.7
11	Accumulated Salary Loss	-6.0	-12.0	-16.5	-21.0	-26.4	-31.8	-35.7	-39.6	-44.5	-49.5	-54.4	-59.3	-64.0	-68.6	-73.2	-77.8	-82.3	-86.8	-91.3	-95.8	-95.8	-95.8	-95.8	-95.8	-95.8	-95.8	-95.8	-95.8	-87.8	-79.9	-71.9	-63.9	-54.7	-45.5	-36.4	-27.2	-16.6	-6.1	4.5	15.0
12	Number of Startups in this stage	4000		800				500						150								50								20								10
13	Average Valuation	2		8				18						60								120								270								600
14	Total Founder Equity (+10% ESOP)	100%		75%				60%						40%								30%								20%								10%
15	Equity Value Per Founder	100		300				540						1200								1800								2700								3000
16	Total Exit Value	0		2				4						20								80								300								1200
17	Expected Exit Value Per Founder	0		11.25				18						60								180								450								900
18	Net Value	-6.0		-5.3				-17.7						-4.0								84.2								362.2								883.4
19	Probability	100%		20%				12.50%						3.75%								1.25%								0.50%								0.25%
20	Probability Weighted	0		2.25				2.25						2.25								2.25								2.25								2.25
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23	Current Salary Level (Per Quarter)	₹ 6	Lakh
24	Salary Inflation	15%	Per Annum			(All Currency Amounts in ₹ Lakh)
25	Series C Bumpup	150%	of Market Salary			(All Currency Amounts in ₹ Lakh)
26	Number of Founders	2
27	Exit Probability	15%
28
29	Funding Stage	Self	Angel Funded	Seed Funded	Series A Funded	Series B Funded	Series C Funded	PE Funded
30	Approx Timeline	Q1	Q3	Q7	Q13	Q21	Q29	Q37
31	Opportunity Cost Per Quarter	₹ 6	₹ 6	₹ 7	₹ 9	₹ 12	₹ 16	₹ 21
32	Startups Salary per quarter	₹ 0	₹ 2	₹ 3	₹ 5	₹ 12	₹ 24	₹ 32
33	Accumulated Salary Loss	-₹ 6	-₹ 17	-₹ 36	-₹ 64	-₹ 96	-₹ 88	-₹ 17
34	Number of Startups in this stage	4,000	800	500	150	50	20	10
35	Average Valuation	₹ 200	₹ 800	₹ 1,800	₹ 6,000	₹ 12,000	₹ 27,000	₹ 60,000
36	Total Founder Equity (+10% ESOP)	100%	75%	60%	40%	30%	20%	10%
37	Equity Value Per Founder	₹ 100	₹ 300	₹ 540	₹ 1,200	₹ 1,800	₹ 2,700	₹ 3,000
38	Total Exit Value	₹ 0	₹ 200	₹ 400	₹ 2,000	₹ 8,000	₹ 30,000	₹ 120,000
39	Expected Exit Value Per Founder	₹ 0	₹ 11	₹ 18	₹ 60	₹ 180	₹ 450	₹ 900
40	Net Value	-₹ 6	-₹ 5	-₹ 18	-₹ 4	₹ 84	₹ 362	₹ 883
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