Post-Money Valuation
定義
Post-money valuation is the company’s value immediately after new investment: pre-money valuation plus the money raised.
資金調達における位置づけ
Ownership math runs on post-money: $2M invested at $10M post-money buys exactly 20 percent.
よくある質問
What is the difference between pre-money and post-money?
Pre-money is the price before new capital; post-money includes it. The same “$10M valuation” differs meaningfully depending on which is meant, so always specify.
Why did SAFEs move to post-money caps?
Post-money caps make each investor’s ownership at conversion predictable, shifting the dilution of additional SAFEs onto founders.