I'm not entirely sure the calculations work.. Maybe I entered data wrong, but I was trying to model the acquisition/startup that I just went through. with our numbers, and our dollars, and my shares.... I walked with a heckuva lot of money, but that's not what the site said.
There is a bug that triggers when you add a funding round. It takes your equity percentage down to zero, regardless of the amount raised or pre-money valuation.
How so? I agree that as soon as you add a round of funding, the math gets wonky.
For example, I'm trying to model what a ~5% ownership looks like, and as soon as I add a round of funding that creates 10% dilution with no liquidation preferences, the site says the final ownership percentage is zero. It doesn't even matter what the exit is for at that point, without liquidation preferences, the ownership should still be ~4.6%.
Ha! I hear you.. beach is good.... it was a truckload,not a boatload? :) I still have to work, but , you know.... I can do what I want when I want.. ok... I need to stop getting braggy.. sorry ...
Yeah, I think it was with the equity addition.... Once I did that, my delta went in the negative, and it would have beeen better to stay corporate ;)
OH, and TOTALLY have the startup bug.. I got lucky with a ton of blessings on the first one... I know it doesn't happen often.. but apparently it happens
