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How Investor Expectations and Target Returns Drive Company Ownership
Series C Assumptions
Target Ownership Value at Exit
Target Ownership % at Exit
Implied Series C Value Step-Up
Series B Assumptions
Target Ownership Value at Exit
Target Ownership % at Exit
Implied Series B Value Step-Up
Series A Assumptions
Target Ownership Value at Exit
Target Ownership % at Exit
Not enough value created for all investors to achieve their target ownerships.
Founders
Mgmt Option Pool
Series A Investors
Series B Investors
Series C Investors
Not enough value created for all investors to achieve their target ownerships.
Pre-Series A
Post-Series A
Post-Series B
Post-Series C
At Exit
Shareholders Ownership % Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total Shareholder Value Pre-Series A Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total
Shareholders Ownership % Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total Shareholder Value Post-Series A Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total
Shareholders Ownership % Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total Shareholder Value Post-Series B Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total
Shareholders Ownership % Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total Shareholder Value Post-Series C Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total
Shareholders Ownership % Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total Shareholder Value At Exit Founders Mgmt Option Pool Series A Investors Series B Investors Series C Investors Total