Anti-Dilution Calculations: Full-ratchet and Broad-based Weighted Average models
Mark Stokes (CFO)
| Mar 21, 2011I think I got this right. If you see an error ping me directly and I will happily correct it. The logic came from here: http://www.startupcompanylawyer.com/2007/08/04/what-is-full-ratchet-anti-dilution-protection/ and here: http://www.startupcompanylawyer.com/2007/08/04/what-is-weighted-average-anti-dilution-protection/ and I have simply done the work of translating it to Excel in the attached spreadsheet.
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