\begin{tabular}{|l|l|c|c|l|l|l|l|} \hline \multirow{2}{*}{ Stage } & \multicolumn{5}{|c|}{ Valuation } & \multicolumn{5}{c|}{ Post-Money Equity } \\ \cline { 2 - 8 } & Pre-Money & Investment & Post-Money & Founders & Angel & VC1 & VC2 \\ \hline Seed & & $1M( angel) & $4M & & & & \\ \hline Series A & & $2M(VC1) & $10M & & & & \\ \hline Series B & & $2M(VC2) & $8M & & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline \multirow{2}{*}{ Stage } & \multicolumn{5}{|c|}{ Valuation } & \multicolumn{3}{c|}{ Post-Money Equity } \\ \cline { 2 - 8 } & Pre-Money & Investment & Post-Money & Founders & Angel & VC1 & VC2 \\ \hline Seed & & $2M( angel) & & 80% & & & \\ \hline Series A & & $3M(VC1) & & 70% & & & \\ \hline Series B & & \$4M (VC2) & & 60% & & & \\ \hline \end{tabular} \begin{tabular}{|l|c|c|l|l|l|l|l|} \hline \multirow{2}{*}{ Stage } & \multicolumn{5}{|c|}{ Valuation } & \multicolumn{5}{c|}{ Post-Money Equity } \\ \cline { 2 - 8 } & Pre-Money & Investment & Post-Money & Founders & Angel & VC1 & VC2 \\ \hline Seed & $10M & $4M( angel ) & & & & & \\ \hline Series A & $8M & $3M(VC1) & & & & & \\ \hline Series B & $6M & $2M(VC2) & & & & & \\ \hline \end{tabular}