DROBE Agency Apps
Equity Calculator.
- /No new spreadsheet for every deal
- //The cap table worked out as you type
- ///Dilution you can show in a meeting
The experience behind it is Kim Balle’s, DROBE’s founder: raising money as a founder, then years as CEO of Global Startup Awards, talking with founders in 156 countries. Global Startup Awards is not part of DROBE.
A deal you can play with before you sign it. A browser tool that turns an investor’s proposal into a cap table, dilution and founder value as you type, with every scenario saved and exported. DROBE built it and shares it with founders and partners.
The problem.
Why we built it ourselves.
Kim Balle has sat on both sides of the term sheet.
- What we tried first. Spreadsheets, templates and the calculators that exist. Each does one scenario at a time, and none made it easy to play with the numbers in front of an investor.
- Kim knows the conversation. Years at Global Startup Awards, with founders in 156 countries asking the same thing, taught our founder what they need to see: dilution and value moving with the valuation, in the meeting, not after it.
- Two ways to ask. Sometimes you know the valuation; sometimes you know what the investor wants to own. The tool had to answer both.
What it does.
Four steps, and every change recalculates as you type.
1. Set the scenario
By valuation or by target. By valuation when you know the pre money; by investor target when you know the stake they want. The tool works out the rest and says in one line what the cheque buys.
2. Who owns it today
The table before the round. Founders, option pool, angels, an accelerator, in percent, adding up to 100. An existing owner can be the one investing.
3. See the round
Every stake, before and after. Post money, the distribution after the round and, for every holder, the new stake, the points lost or gained and what the stake is now worth.
4. Keep every version
Save, compare, export. Save a scenario to the log, reload it with one click, compare the versions side by side, and export any of them as a cap table in CSV or a report in PDF.
What one page covers.
What it will not do.
Nothing leaves the page.
- Never sends your numbers anywhere. It runs in the browser, and the log is stored on your own machine. There is no account and no server.
- Never pretends to be advice. It shows the arithmetic of one proposal. What to accept is still your call, and your lawyer’s.
- Never hides a number. Every stake, every point of dilution and every value is on the screen, and in the export.
Who has it.
Built for the founders we talk to.
- In our own work. When a founder asks what an offer means, this is what we open.
- Shared with founders and partners. It runs in any browser, a phone included, so it travels to the meeting.
- Not public yet. There is no link to hand out. If you are weighing an offer, write us.