University Founder

Dilution Spreadsheet

Formation I II III IV V
Founders 100.00% 70.00% 63.00% 49.00% 35.39% 25.28%
CEO 30.00% 27.00% 21.00% 15.17% 10.83%
University 10.00% 10.00% 10.00% 7.14%
Stock Option Pool 20.00% 14.44% 10.32%
Seed Investors 25.00% 17.86%
Series A Investors 28.57%
Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

I - Hire CEO
CEO Equity Grant
30.00%
(Fully-diluted basis)

II - Sign University License

University Equity
Grant 10.00%
(Fully-diluted basis)
Anti-Dilution
$ 2,000,000
Protection Stops at:

III - Add Stock Option Plan

Stock Option Pool
20.00%
(Fully-diluted basis)

IV - Seed Financing
Pre-Money Valuation $ 1,000,000
Investment Amount $ 333,333

V - Series A Financing
Pre-Money Valuation $ 5,000,000
Investment Amount $ 2,000,000

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