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3 | INSTRUCTIONS Get started by making a copy of this template via the File menu. From there, edit the fields with your company's information before sharing it with employees (prospective and current) to demonstrate the potential value of their ESOP at different valuations and exit scenarios. This template is intended as a foundation for communicating the value of ESOP to your employees (prospective and current). Ongoing communication and education are required, as this template does not account for changes to your preference stack and dilution across funding rounds, which will impact ESOP outcomes. DISCLAIMER This template is not intended to serve as legal, tax or financial advice. This template is used to model potential scenarios related to an ESOP grant. [COMPANY NAME] does not guarantee or make any assurances about the outcomes modelled below. [COMPANY NAME] is not liable for any decisions made or actions based on the modelled scenarios. | |||||||
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5 | Share price per last round ($) | 1.9897 | ||||||
6 | Total shares (Fully diluted) | 55,284,048 | Fully diluted post last round | |||||
7 | Post-money valuation ($) | $109,998,670 | Post-Money valuation based on last round | |||||
8 | Fair Market Valuation Today ($) | $80,000,000 | ||||||
9 | Fair Market Valuation Today - PPS ($) | $1.4471 | ||||||
10 | Discount to Last Valuation | (27.27%) | ||||||
11 | ESOP Pool size (options) | 8,727,514 | ||||||
12 | ESOP Pool % FDE | 15.79% | ||||||
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14 | Your option grant | 400,000 | ||||||
15 | Your strike price (AUD) | $0.00 | ||||||
16 | Your discount to most recent capital raise | (100%) | ||||||
17 | Your fully diluted ownership | 0.72% | ||||||
18 | Your share of ESOP pool | 4.58% | ||||||
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20 | Current option value - Last Round ($) | $795,880 | Based on most recent round | |||||
21 | Current option value - FMV ($) | $578,829 | Based on Fair Market Valuation | |||||
22 | Total exercise cost | $0 | Based on set strike price | |||||
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24 | Example scenarios of possible net proceeds: | |||||||
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26 | Comparables | Founded | Valuation / Market Cap (AUD) | vs Last Round valuation | Possible gross exit proceeds | Possible net proceeds | ||
27 | 10x Last Round valuation | $1,099,986,703 | 10x | $7,958,800 | $7,958,800 | |||
28 | Employment Hero | 2014 | $725,019,309 | 7x | $5,245,776 | $5,245,776 | ||
29 | CultureAmp | 2009 | $2,000,000,000 | 18x | $14,470,720 | $14,470,720 | ||
30 | Notion | 2013 | $14,436,370,000 | 131x | $104,452,337 | $104,452,337 | ||
31 | Figma | 2012 | $28,872,740,000 | 262x | $208,904,674 | $208,904,674 | ||
32 | Atlassian | 2002 | $61,207,810,151 | 556x | $442,860,553 | $442,860,553 | ||
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34 | USDAUD | 1.4436 | ||||||
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36 | Edit the field below to see how much your options might be worth at different valuation multiples | |||||||
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38 | Increase on Last Round valuation | 5.0x | ||||||
39 | Exit Value (AUD) | $549,993,352 | ||||||
40 | Possible net proceeds | $3,979,400 | ||||||
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