Cyr, Linda A. "Note on Pre-Money and Post-Money Valuation (A &B), A." Harvard Business School Background Note 801-446, April 2001. (Revised April 2002.) ...

Valuation is fundamental to startup fundraising. Setting the tone when negotiating with your first investors is vital at the pre-seed stage. It determines equity dilution and signals the startup’s ...

Per share price of Series A Preferred Stock = pre-money valuation / total number of shares outstanding ... impact of the definition of the fully-diluted basis on the dilution of post-money percentage ...