Canonical — Dilution Lab

Dilution Lab

See what every term sheet actually costs you. Model SAFEs, priced rounds, option pools, and exit math, all in your browser.

01 · Scenario

Start from a template, or build your own.

02 · Founders & Option Pool

Who's on the cap table at incorporation?

03 · Funding Rounds

Add rounds in sequence. SAFEs convert at the next priced round.

04 · Cap Table

Ownership evolution across rounds.

05 · Exit Waterfall

Drag the slider. Watch the money move.

Exit Valuation
$250.0M
Founders (1× non-part. preferred)
$0
Combined founder takeaway at this exit.
Founders (all common, no prefs)
$0
What founders would get if no liquidation preferences existed.