The total number of shares that would be outstanding if all convertible securities, such as options, warrants, and convertible debt, were converted into common stock. Fully-diluted shares are often used in venture capital to calculate the ownership percentage of investors in a potential investment.
Model your fund on Tactyc today.
Build portfolio construction models
Add actual deals & compare performance with plan
Strategize future rounds and optimize reserves
Model probabilistic exit scenarios
Gather insights to improve fund performance
Track and request portfolio company KPIs
Create LP-ready reports