Startup Funding
Pre-Money vs Post-Money Valuation, With Worked Examples
The same funding round can be described with two different valuations. Here is how to tell them apart, how the share price is set and what the headline number leaves out.
Tag: dilution
Startup Funding
How Startup Funding Rounds Work, From Pre-Seed to Series C
Each round sells a slice of the company to new investors at a new price. Here is what the round names mean, who writes the checks and how founders' stakes shrink along the way.