How Bradshaw uses the term
Bradshaw works it out as the price per share times the shares in issue after the round, taken from the latest statement of capital in the round. Like pre-money, it is on an issued-share basis, leaves out unissued option pools and carries the estimate mark.
Read more
- The rule: Post-money and pre-money, on the method page.
- Related post: UK pre-money valuations by round size: quartiles since 2024
- All terms