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As a former economics major, it pains me to have my lost love's name used to describe mundane finance calculations. My liberal arts education be damned; I know nothing of this madness!

Economics is a bunch of crap. Sorry you wasted time studying it, bro.

What?

Wicked app and calculator. Very nice design guys!

Another: http://www.foundersfund.com/termsheet

Broken with very large numbers, i.e. ~1,000,000,000 funding. :)

Thank god for this (coming from Excel)

As a general rule, I would be wary of this comment. When the time comes to do your math, use excel. If you're just out of napkins at the bar...GTG. Don't rely on a web app, though for more. [1]

[1] That's not an observation about this submission, its just horses for courses.

Just for quick and dirty calculations, not betting the farm on it. Thanks for the cautionary message though.

As always, great job smartasset!

No 'exit' without 'funding'?

We should have thought of this. We will get this incorporated, until then: without funding you simply need to multiply the exit value by your starting % ownership less dilution from employees (good approximation).

This is great

Startup Economics