How Do You Calculate the Series a Price?

In a priced round, where you have or where the company has raised money just on post money safes and then has raised a priced round,. three things will happen. The first thing that happens is the safes convert into shares. Then an option pool is created, if there isn't one already, and then the new investors invest. And you'll see in a minute how thats all works through with the calculations. All right, wel are we so quick? Quick mass question for for you. What do we expect that the er lead investor will own? Percentage of the company? Do we think the lead investor is going to own after the roa round closes? 20 %. Yap