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Startup Dilution Calculator

See what each funding round does to your ownership — and to the dollar value of your stake. Option pool, YC, seed, Series A and beyond.

Rounds

Final ownership

27.45%

Total dilution

45.1%

Stake value at last round

$16,472,160

Round by round

RoundBeforeAfterStake value
Option pool50.00%45.00%$675,000
YC45.00%41.85%$747,321
Seed41.85%34.32%$4,118,040
Series A34.32%27.45%$16,472,160

Worked example: two founders from day one to Series A

Two cofounders split the company 50/50, so together they own 100%. Here is how each step changes that, using the rule new ownership = old ownership × (1 − % sold).

Step% soldMathFounders togetherEach founder
Option pool10%100% × 0.9090.0%45.0%
YC (post-money SAFE)7%90% × 0.9383.7%41.9%
Seed20%83.7% × 0.8067.0%33.5%
Series A20%67.0% × 0.8053.6%26.8%

Each founder's percentage roughly halves, from 50% to 26.8%. But if the Series A is priced at a $60M post-money valuation, each founder's stake is worth about $16.1M (26.8% × $60M), compared with a few thousand dollars on day one. That is why investors and experienced founders focus on stake value, not percentage.

Quick SAFE check: a $1M SAFE with a $10M post-money cap converts to 10% ($1M ÷ $10M). Stack three SAFEs like that and founders give up about 27% before a priced round even starts (1 − 0.9³).

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Next step

YC takes 7% — here is exactly how

$125K for 7% on a post-money SAFE plus $375K uncapped MFN. Read the terms line by line before you model the rest of your rounds.

See the $500K YC deal in detail

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How to use this tool

  1. Step 1

    Enter your starting stake

    Use the percentage you own today, before any of the rounds below.

  2. Step 2

    Adjust the rounds

    Set how much of the company each round sells and its post-money valuation.

  3. Step 3

    Compare percentage to value

    Your percentage always falls; the point is whether your stake's dollar value rises.

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FAQ

How do you calculate equity dilution?

Your new ownership equals your old ownership multiplied by (1 − new investor percentage). If you own 40% and a round sells 20% of the company, you end at 40% × 0.8 = 32%.

How much dilution is normal per round?

Accelerators take 5–7%, seed rounds 15–25%, Series A 15–25%, and each later round 10–20%. Founders who raise through Series B commonly hold 25–40% combined.

Does the option pool dilute founders?

Almost always yes. Investors typically require the pool to be created before their money goes in, so the pool comes out of the pre-round shareholders — the founders.

Is dilution bad?

Only if the money buys nothing. Owning 20% of a company worth $200M beats 80% of a company worth $2M. What matters is the value of your stake, not the percentage.

How does a SAFE dilute founders?

A post-money SAFE converts into a fixed percentage: investment ÷ post-money cap. A $1M SAFE at a $10M post-money cap becomes 10% of the company when it converts, and that 10% comes out of the existing holders.

What is the difference between pre-money and post-money dilution?

Post-money valuation includes the new money. Percentage sold = investment ÷ post-money. Raising $2M at a $8M pre-money means $10M post-money, so investors get 20%.

How much should founders own after Series A?

A common range is 50–65% combined for the founding team after Series A, though it varies widely with how much was raised on SAFEs and how large the option pool is.

Can I avoid dilution?

Only by raising less or at higher valuations, or by growing on revenue. Anti-dilution clauses protect investors in down rounds, not founders.

Is this dilution calculator free?

Yes. No signup and nothing is stored — all math runs in your browser.

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