Pied Piper
- Cap table
- Richard Hendricks
- Read-only example
- Illustrative figures
- Issued shares
- 8,000,000
- Fully diluted shares
- 10,000,000
- Cash raised in this issue
- $0
Ownership
| Holder | Issued shares | Options | Fully diluted | Issued ownership | Fully diluted ownership |
|---|---|---|---|---|---|
| Richard Hendricks | 7,200,000 | 0 | 7,200,000 | 90.00% | 72.00% |
| Erlich Bachman | 800,000 | 0 | 800,000 | 10.00% | 8.00% |
| Unallocated option pool | 0 | 0 | 2,000,000 | 0.00% | 20.00% |
| Total | 8,000,000 | 0 | 10,000,000 | 100.00% | 100.00% |
Issued ownership counts shares held. Fully diluted ownership also includes outstanding options and the unallocated pool. Percentages are rounded to two decimal places. This example uses an ordinary cash issue.
About this example
Richard builds Pied Piper at Erlich’s incubator. Peter Gregory and Raviga back the company; Russ Hanneman later invests. The share counts, option grant and round terms below are illustrative.
Next step
Compare the three stages, then download the ownership table.