Question

Shareholder Medium 의pital Num of Shares hare%$h rence MISC 4800 4800000 52500000 Blackbox Opaque Blackbox SAFE SAFE prefered SAFE: S25M @20% dscount of Series A share price iconvened to Seris A shares SAFE: $25M S10M Valuaion Cap (oonverted to Series A shares) Series A S1M 52:500000 $1.000,000 prefered 000002000000 Stock Option Sock Option Total Shares Qutstanding Assuming in is fully vested and execised E MOEY VALUATION 15000000 POST SERIES A CAPTABLE EXERCISE Round Shareholder Medium Capital Num of Shares Share % Share Price Founder $4,800 sX.XX Jill 4,800,000 XX% common Founder $3,200 3,200,000 Jack common Blackbox Seed SAFE $2,500,000 SAFE 2,500,000 Seed Opaque Series A prefered prefered prefered $1,000,000 Blackbox Series A Cormorant $4,000,000 2,000,000 Provident Series A Stock Option Stock Option ESOP 2,000,000 2,000,000 Total Shares Outstanding 100.00% $15,000,000 PRE-MONEY VALUATION SERIES A SHARE PRICE Multiple Post Series A Value MISC ex) 1000x S x0oxx.xoox SAFE; $2.5M @ 20% discount of Series A share price (converted to Seris A shares) SAFE; $2.5M @ $10M Valuation Cap (converted to Series A shares) Series A $1M New investor New investor Assuming it is fully vested and exercised TOTAL

Answer 1

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