Capital raised and founder dilution
A company raised capital in three rounds (values in millions USD):
Series A: Pre = 3.368, Post = 6.287
Series B: Pre = 38.243, Post = 77.473
Series C: Pre = 132.115, Post = 184.012
A company raised capital in three rounds (values in millions USD):
Series A: Pre = 3.368, Post = 6.287
Series B: Pre = 38.243, Post = 77.473
Series C: Pre = 132.115, Post = 184.012
✅ Raised = Post - Pre = 6.287 - 3.368 = 2.919 million
✅ Raised = Post - Pre = 77.473 - 38.243 = 39.23 million
✅ Raised = Post - Pre = 184.012 - 132.115 = 51.897 million
✅ % kept = Pre / Post = 3.368 / 6.287 = 53.571%
✅ % kept = A × B = (53.571%) × (49.363%) = 26.444%
✅ % kept = A × B × C = (53.571%) × … = 18.986%