Founding Stage

Issued Equity %
Common Shares
Founder 1 35,000 69.7%
Founder 2 15,000 29.9%
Founder 3
Founder 4
Founder 5
Total Common 50,000 99.5%

Option Pool
Granted & Issued Options 250 0.5%
Increase in Pool 250 0.5%
Available for Issuance - 0.0%
Total Pool 250 0.5%

Preferred Shares
Investor Seed 1
Investor Seed 2
Investor Series A 1
Investor Series A 2
Investor Series B 1
Investor Series B 2
Investor Series C 1
Investor Series C 2
Total Preferred 0.0%
Total Outstanding Capitalization 50,250 100.0%
Post-Money Valuation $502,500

Legend: Price Per share $10.0000

Inputs
 Convertible Note Financing Series A Financing
$ Invested Total Equity % $ Invested New Equity

$50,000.00 3,544,035 50.0% $2,000,000.00 4,242

$50,000.00 3,544,035 50.0% $5,000,000.00 4,242

$100,000.00 7,088,070 100.0% $7,000,000.00 8,483

na 250 0.0%
na - 0.0% 5,000,000
na - 0.0%
250 0.0% 5,000,000

$100,000,000 0.00% conversion 8,483,032

$300,000,000 0.00% conversion 25,449,095
$15,000,000 954,341
$15,000,000 954,341

$400,000,000 0.00%
0.0% $30,000,000 35,840,808
7,088,320 100.0% 40,849,291
$70,883,200 $753,466,667

Note Amount $400,000,000 Series A Total

Discount % 25% Pre-Money Valuation
Cap Amount none Post-Money Valuation
Price Per Share
ries A Financing Series B Financing
Total Equity % $ Invested New Equity Total Equity

3,548,277 7.40% $0.00 - 3,548,277

3,548,277 7.40% $0.00 - 3,548,277

7,096,553 14.80% $0.00 - 7,096,553

2,850,000 5.95% 2,850,000

5,000,000 10.43% - -
2,150,250 4.49% 2,150,250
5,000,250 10.43% - 5,000,250

8,483,032 17.70% 8,483,032

25,449,095 53.09% 25,449,095
954,341 1.99% $50,000,000 3,181,137 4,135,478
954,341 1.99% $50,000,000 3,181,137 4,135,478
$5,000,000 318,114 318,114
$5,000,000 318,114 318,114

35,840,808 74.77%
0.0% $110,000,000 6,998,501 42,839,309
47,937,611 100.0% 6,998,501 54,936,113
$863,466,667

$5,000,000 Series B Total $15,000,000

$190,000,000 Pre-Money Valuation $753,466,667
$753,466,667 Post-Money Valuation $863,466,667
$15.72 Price Per Share $15.72
 Series C Financing
% $ Invested New Equity Total Equity %

6.46% $0.00 - 3,548,277 6.37%

6.46% $0.00 - 3,548,277 6.37%

12.92% $0.00 - 7,096,553 12.73%

5.19% 2,850,000 5.11%

0.00% - - 0.00%
3.91% 2,150,250 3.86%
9.10% - 5,000,250 8.97%

15.44% 8,483,032 15.22%

46.3% 25,449,095 45.66%
7.5% 4,135,478 7.42%
7.5% 4,135,478 7.42%
0.6% $7,500,000 238,585 556,699 1.00%
0.6% $7,500,000 238,585 556,699 1.00%
$5,000,000 159,057 159,057 0.29%
$5,000,000 159,057 159,057 0.29%
78.0%
0.0% $25,000,000.00 795,284 43,634,594 78.29%
0.0%
100.0% 795,284 55,731,397 100.0%
$1,751,933,333

$15,000,000 Series C Total $25,000,000

$753,466,667 Pre-Money Valuation $1,726,933,333
$863,466,667 Post-Money Valuation $1,751,933,333
$15.72 Price Per Share $31.44
 M&A Exit
$ Amount %

$298,001,168 6.62%
$298,001,168 6.62%

$596,002,337 13.24%

$239,356,579 5.32%
$0 0.00%
$0 0.00%
$239,356,579 5.32%

$712,445,411 15.83%
$2,137,336,234 47.50%
$347,317,138 7.72%
$347,317,138 7.72%
$46,754,230 1.04%
$46,754,230 1.04%
$13,358,351 0.30%
$13,358,351 0.30%
$3,664,641,084 81.44%
0.0%
$4,500,000,000 100.0%

Exit Valuation $5,000,000,000

M&A Expenses 10%
Net Consideration $ 4,500,000,000
Price Per Share $83.98