Put in who owns what today, any SAFEs or SLIPs that are outstanding, and the round you are discussing. Every number below shows its working. Nothing is saved until you ask for a link.
Not sure what half of this means? Have an assistant ask you instead — connect captabl to Claude or another MCP client and it will work out what it needs from you.
A SAFE or a SLIP is money already paid that turns into shares when you raise a priced round. How they differ.
Creates a page anyone with the link can open, edit and re-share. The link expires 90 days after it was last opened.
Every number above comes from one of these steps, in order.
2 shareholders hold 1 000 000 shares in total.
1 000 000 + 0 = 1 000 000
Angel investor's SLIP of NOK 1 000 000 converts at NOK 12.0000 per share. Par value of NOK 0.01 is paid separately at exercise, so it comes off the price before dividing: 83 403 shares.
NOK 1 000 000 ÷ (NOK 12.0000 − NOK 0.01) = 83 403
The valuation cap of NOK 12 000 000 wins: it prices shares lower than the 20.00% discount would.
Topping the pool up to 10.00% of the company after the round means creating 154 772 new option shares, for a pool of 154 772.
10.00% × 1 547 718 − 0 = 154 772
The pool is created before the new money arrives, so it dilutes the existing shareholders and not the new investors. This is the part founders are most often surprised by.
The pre-money valuation of NOK 24 000 000 is divided by 1 238 175 shares — everything that exists before the new money, including the converted instruments and the new option pool. That is NOK 19.3834 per share.
NOK 24 000 000 ÷ 1 238 175 = NOK 19.3834
Seed fund pays NOK 6 000 000 at NOK 19.3834 per share, receiving 309 543 shares.
NOK 6 000 000 ÷ NOK 19.3834 = 309 543
These work while focus is on a row handle — the ⠿ button at the start of each row.