This is the pre money valuation.

And this pre money valuation is really, really important.

So we'll give you a 15 million pre money valuation.

So anyway, we get a 15 million pre money valuation.

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

So once again, they're going to do a pre money valuation.

Up rounds are when your pre money valuation of this round is more than the post money valuation of the last round.

So it's a very different scenario depending on what our pre money valuation is.

Pre money and then post money, you add the money in, and that's where you get the 6 million valuation.

or actually it's the valuation either pre or post money would be 5 per share.

What's the post money valuation?

That's post money valuation, right?

And so after that offering, well, our pre money valuation was 30 million and our post money is now 40 million.

So no matter what I do, between the pre money and the post money valuation, my per share value doesn't change any.

Pre money was 15.

And what is our post money valuation?

Our post money valuation is 22.5 million.

So what is the post money valuation?

And this would be the post money valuation.

If what we had before is worth 5 million and there were a million shares initially, then the pre money valuation

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

And since we want to know what this is worth this is before we got any kind of money from investors this would be called a pre money valuation.

Let's say that we wanted 10 million, but we were hoping for 20 million pre money valuation, because that's what the other guys got.

Because based on what this pre money valuation is it tells us how many shares, or what percentage of the company, our angel investor gets for investing his 5 million.

So going back to what we were talking about, what is the post money valuation?

Pre

Those other guys who had a pretty good built up website at this point, those guys across the street, they had to pay they had to give a 20 million pre money valuation.

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But the general idea is, hopefully, from that stage where the post money valuation was 10 million, right?

Wealth Accounting and Valuation of Ecosystem Services.

Pre School Bundle

Pre KDE startup

Pre shared Key

GhostScript pre filtering

No pre filtering

Pre printed paper

Pre shared key

Pre Shared Key

Pre shared key

Pre shared key

It's pre programmed.

Experts put a high valuation on the painting.

You're looking for 5 million at what valuation?

And that's where you're headed. A billiondollar valuation.