[Company Name]

Last Updated:
Pre-Money Valuation:
Amount Raised:
Post-Money Valuation:
Series A Conversion Ratio

[Date]
25,000,000.00
7,074,999.75
32,074,999.75
1.50
Common

Name of Shareholders
Founders/Senior Employees
Mike Smith
Shawn Longwell
Qui Ping
Dwong Tong
Anil Chopra
Wendell Ding
Alfred Tidwell
Angel Fund I
Angel Fund II
Angel Investor
VC I
VC II
VC III
Other
Available Pool
Totals
Authorized
Price Per Share
Valuation
Issue Date
% of Preferred
% of Outstanding
% of Fully Diluted
Assumes all Conversion Ratios are 1.0
Input Cells

Shares
2,000,000
1,000,000
500,000
500,000
128,870
100,000
100,000

Options
%
38.3%
19.2%
9.6%
9.6%
2.5%
1.9%
1.9%

Shares

500,000
500,000

Series A
Estimated
Invested $s

$
$
$
$
$
$
$

6.6%
6.6%

75,000.00

$ 1,000,000.00
$ 1,000,000.00
$ 5,000,000.00
889,262

17.0%

______
______
5,218,132
100%
25,000,000

1,000,000 13.3%
5,521,190 73.4%
______
______
7,521,190
100%

______
7,075,000.00

$
$
$
$
$
$
$
$
$

Total Preferred

Invested $s

Shares

75,000.07
1,000,000.24
1,000,000.24
4,999,999.22
______
7,074,999.75

38,218
509,573
509,573
2,547,864
______
3,605,228
6,000,000

As-Converted
Shares

57,327
764,360
764,360
3,821,796
______
5,407,842

Invested $s
$
$
$
$
$
$
$

1.1%
14.1%
14.1%
70.7%
______
100%

Shares

$
$
75,000.07
$
$ 1,000,000.24
$ 1,000,000.24
$ 4,999,999.22
$
$
______
$ 7,074,999.75

Outstanding

%
18.8%
9.4%
4.7%
4.7%
1.2%
0.9%
0.9%

2,000,000
1,000,000
500,000
500,000
128,870
600,000
600,000

11.0%
5.5%
2.8%
2.8%
0.7%
3.3%
3.3%

57,327

0.3%

1.1%

57,327

0.5%

764,360
764,360
3,821,796

14.1%
14.1%
70.7%

764,360
764,360
3,821,796
889,262

7.2%
7.2%
36.0%
8.4%

______
______
10,625,974
100%

764,360
4.2%
764,360
4.2%
3,821,796 21.1%
1,889,262 10.4%
5,521,190 30.4%
______
______
18,147,164
100%

$1.96
$25,000,000
12/6/2013
49.1%
28.8%

70.8%
41.4%

66.7%
33.9%
19.9%

100.0%
50.9%
29.8%

2,000,000
1,000,000
500,000
500,000
128,870
100,000
100,000

57,327

______
______
5,407,842
100%
6,000,000

FD

100.0%
58.6%

100.0%