Option Pool Newsletter.xlsx

	A	B	C	D
1	1st Scenario: 15% Option Pool Before VC Round		2nd Scenario: 15% Option Pool After VC Round
2		Number of Shares		Number of Shares
3	Founder A	10000	Founder A	10000
4	Founder B	5000	Founder B	5000
5	Total Number of Shares	15000	Total Number of Shares	15000
6
7	Option Pool	15%	VC Owneship	20%
8	New Shares to be issued	2647	New Shares to be issued	3750
9
10	Total Number of Shares	17647	Total Number of Shares	18750
11
12	VC Firm is Investing $ 2 m		Start-up creates a 15% Option Pool after VC Investment
13
14	Pre-money Valuation ($ m)	8	Option Pool	15%
15	Capital Raising ($ m)	2	New Shares to be issued	3309
16	Post-money Valuation ($ m)	10
17	Dilution	20%	Total Number of Shares	22059
18
19	New Shares to be Issued	4412
20
21	After VC Round
22	Total number of Shares	22059
23
24	Ownership		Ownership
25	Founder A	45.33%	Founder A	45.33%
26	Founder B	22.67%	Founder B	22.67%
27	Option Pool	12%	Option Pool	15%
28	VC Firm	20%	VC Firm	17%
29	Total	100%	Total	100%
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