Disclaimer
The Angel Equity Dilution Tool is for informational and educational purposes only. It does not constitute financial, legal, tax, or investment advice.
Not Professional Advice
The calculations and data provided by this tool are estimates based on simplified, deterministic mathematical formulas. Real-world venture capital and angel investment term sheets often include complex provisions that this tool does not account for, including but not limited to:
- Participating preferred rights
- Broad-based or narrow-based weighted average anti-dilution provisions
- Full ratchet anti-dilution provisions
- Complex liquidation preferences
- Varying methods of calculating the Employee Stock Ownership Plan (ESOP) pool (e.g., pre-money vs. post-money option pool shuffle)
- Multiple overlapping convertible notes or SAFEs with different caps and discounts
No Guarantee of Accuracy
While we strive to ensure the formulas used in this tool are standard and accurate for basic scenarios, Dapplesoft makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the tool or the information it generates.
Consult a Professional
Founders, investors, and employees should always consult with qualified legal counsel and financial advisors before signing term sheets, issuing equity, or making investment decisions. Any reliance you place on the information generated by this tool is strictly at your own risk.