Founding Stage

Issued Equity
Common Shares
Founder 1 35,000
Founder 2 15,000
Founder 3
Founder 4
Founder 5
Total Common 50,000

Option Pool
Granted & Issued Options 250
Increase in Pool 250
Available for Issuance -
Total Pool 250

Preferred Shares
Investor Seed 1
Investor Seed 2
Investor Series A 1
Investor Series A 2
Investor Series B 1
Investor Series B 2
Investor Series C 1
Investor Series C 2
Total Preferred
Total Outstanding Capitalization 50,250
Post-Money Valuation $502,500

Legend: Price Per share

Inputs
ounding Stage Convertible Note Financing
% $ Invested Total Equity %

69.7% $50,000.00 3,544,035 50.0%

29.9% $50,000.00 3,544,035 50.0%

99.5% $100,000.00 7,088,070 100.0%

0.5% na 250 0.0%

0.5% na - 0.0%
0.0% na - 0.0%
0.5% 250 0.0%

$100,000,000 0.00%
$300,000,000 0.00%

0.0% $400,000,000 0.00%

0.0%
100.0% 7,088,320 100.0%
$70,883,200

$10.0000 Note Amount $400,000,000

Discount % 25%
Cap Amount none
 Series A Financing
$ Invested New Equity Total Equity %

$2,000,000.00 4,242 3,548,277 7.40%

$5,000,000.00 4,242 3,548,277 7.40%

$7,000,000.00 8,483 7,096,553 14.80%

2,850,000 5.95%
5,000,000 5,000,000 10.43%
2,150,250 4.49%
5,000,000 5,000,250 10.43%

conversion 8,483,032 8,483,032 17.70%

conversion 25,449,095 25,449,095 53.09%
$15,000,000 954,341 954,341 1.99%
$15,000,000 954,341 954,341 1.99%

$30,000,000 35,840,808 35,840,808 74.77%

0.0%
40,849,291 47,937,611 100.0%
$753,466,667

Series A Total $5,000,000

Pre-Money Valuation $190,000,000
Post-Money Valuation $753,466,667
Price Per Share $15.72
 Series B Financing
$ Invested New Equity Total Equity %

$0.00 - 3,548,277 6.46%

$0.00 - 3,548,277 6.46%

$0.00 - 7,096,553 12.92%

2,850,000 5.19%
- - 0.00%
2,150,250 3.91%
- 5,000,250 9.10%

8,483,032 15.44%
25,449,095 46.3%
$50,000,000 3,181,137 4,135,478 7.5%
$50,000,000 3,181,137 4,135,478 7.5%
$5,000,000 318,114 318,114 0.6%
$5,000,000 318,114 318,114 0.6%

$110,000,000 6,998,501 42,839,309 78.0%

0.0%
6,998,501 54,936,113 100.0%
$863,466,667

Series B Total $15,000,000

Pre-Money Valuation $753,466,667
Post-Money Valuation $863,466,667
Price Per Share $15.72
 Series C Financing
$ Invested New Equity Total Equity %

$0.00 - 3,548,277 6.37%

$0.00 - 3,548,277 6.37%

$0.00 - 7,096,553 12.73%

2,850,000 5.11%
- - 0.00%
2,150,250 3.86%
- 5,000,250 8.97%

8,483,032 15.22%
25,449,095 45.66%
4,135,478 7.42%
4,135,478 7.42%
$7,500,000 238,585 556,699 1.00%
$7,500,000 238,585 556,699 1.00%
$5,000,000 159,057 159,057 0.29%
$5,000,000 159,057 159,057 0.29%
$25,000,000.00 795,284 43,634,594 78.29%
0.0%
795,284 55,731,397 100.0%
$1,751,933,333

Series C Total $25,000,000

Pre-Money Valuation $1,726,933,333
Post-Money Valuation $1,751,933,333
Price Per Share $31.44
 M&A Exit
$ Amount %

$298,001,168 6.62%
$298,001,168 6.62%

$596,002,337 13.24%

$239,356,579 5.32%
$0 0.00%
$0 0.00%
$239,356,579 5.32%

$712,445,411 15.83%
$2,137,336,234 47.50%
$347,317,138 7.72%
$347,317,138 7.72%
$46,754,230 1.04%
$46,754,230 1.04%
$13,358,351 0.30%
$13,358,351 0.30%
$3,664,641,084 81.44%
0.0%
$4,500,000,000 100.0%

Exit Valuation $5,000,000,000

M&A Expenses 10%
Net Consideration $ 4,500,000,000
Price Per Share $83.98