Common Series A Series B

Shares % $ Shares % $ Shares

VC 1
VC 2
VC 3
Total Preferred

Founders 3 100%
Options 0%

Total Shares 3

Price/Share
Series B Fully
% Diluted %
$ - 0%
$ - 0%
$ - 0%
$ - 0%

3 100%
0 0%

3 100%
 Common Series A Series B
Shares % $ Shares % $ Shares
VC 1 $ 3.00 3 60%
VC 2 $ 2.00 2 40%
VC 3
Total Preferred $ 5.00 5 100%

Founders 3 60%
Options 2 40%

Total Shares 5 5 0

Price/Share $ 1.00
Series B Fully
% Diluted %
$ 3.00 30%
$ 2.00 20%
$ - 0%
$ 5.00 50%

3 30%
2 20%

10 100%
 Common Series A
Shares % $ Shares %
VC 1 $ 3,000,000.00 3000000 60%
VC 2 $ 2,000,000.00 2000000 40%
VC 3
Total Preferred $ 5,000,000.00 5000000 100%

Founders 3000000 60%

Options 2000000 40%

Total Shares 5000000 5000000

Price/Share $ 1.00
Post- money valuation $ 10,000,000.00
 Series B Fully
$ Shares % Diluted %
$ 7,500,000.00 5000000 50% 8000000 40%
$ 4,500,000.00 3000000 30% 5000000 25%
$ 3,000,000.00 2000000 20% 2000000 10%
$ 15,000,000.00 10000000 100% 15000000 75%

3000000 15%
2000000 10%

10000000 20000000 100%

$ 1.50
$ 30,000,000.00
Exit $ $ 300,000,000 Pre exit valuation $ 30,000,000 Debts
Per/share $ 15.00 Per/share $ 1.50 After debts
Total Shares 20000000 LP series B
LP series A
Series B: 1X preference to A and Common, 3X cap on participation
Investors Money in % Shares LP Common equity
VC1 $ 7,500,000 25% $ 22,500,000 $ 70,500,000
VC2 $ 4,500,000 15% $ 13,500,000 $ 42,300,000
VC3 $ 3,000,000 10% $ 9,000,000 $ 28,200,000
Total $ 15,000,000.00 50.00% $ 45,000,000.00 $ 141,000,000.00

Series A: 1X preference to Common, 3X cap on participation

Investors Money in % shares LP Common equity
VC1 $ 3,000,000 15% $ 9,000,000 $ 42,300,000
VC2 $ 2,000,000 10% $ 6,000,000 $ 28,200,000
VC3 $ - 0% $ - $ -
Total $ 5,000,000.00 25.00% $ 15,000,000.00 $ 70,500,000.00

Coomon equity
Stake holder % Shares Uncapped (remainder) Participation
Owners 15.00% $ - $ 42,300,000
Options 10% $ - $ 28,200,000
Total 25.00% $ 222,000,000 $ 70,500,000
 Original options $ 2,000,000 To distribute $ 282,000,000
$ 300,000,000 Gain/loss 1400.00% Series B No convert $ 45,000,000
$ 15,000,000 Exercided Yes Remainder $ 237,000,000
$ 5,000,000 Series A No convert $ 15,000,000
Remainder $ -
LIFO
Exit $ $ 30,000,000 Pre exit valuation $ 30,000,000 Debts
Per/share $ 1.50 Per/share $ 1.50 After debts
Total Shares 20000000 LP series B
LP series A
Series B: 1X preference to A and Common, 3X cap on participation
Investors Money in % Shares Participation Common equity
VC1 $ 7,500,000 28% $ - $ 8,333,333
VC2 $ 4,500,000 17% $ 5,000,000
VC3 $ 3,000,000 11% $ 3,333,333
Total $ 15,000,000.00 55.56% $ - $ 16,666,666.67

Series A: 1X preference to Common, 3X cap on participation

Investors Money in % shares LP Common equity
VC1 $ 3,000,000 17% $ 8,000,000 $ 5,000,000
VC2 $ 2,000,000 11% $ 5,333,333 $ 3,333,333
VC3 $ - 0% $ - $ -
Total $ 5,000,000.00 27.78% $ 13,333,333.33 $ 8,333,333.33

Coomon equity
Stake holder % Shares Uncapped (remainder) Participation
Owners 16.67% $ - $ 5,000,000
Options 0% $ - $ -
Total 16.67% $ 16,666,667 $ 5,000,000
 Original options $ - To distribute $ 30,000,000
$ 30,000,000 Gain/loss 50.00% Series B No convert -$ 15,000,000
$ - Exercided No Remainder $ 45,000,000
$ - Series A No convert $ 13,333,333
Remainder $ 31,666,667
LIFO

$ 15,000,000