FreeByte

Convertible note calculator

Shares an early cheque converts into.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
20%
$

Effective valuation

$6,000,000

Ownership

4.17%

With these inputs, effective valuation comes to $6,000,000. Ownership works out to 4.17%.

Cap wins?
Yes
At round price
2.50%

What moves the number · Effective valuation

Input−10%Now+10%
Valuation cap$5,400,000$6,000,000$6,600,000

Solve for an input

Whatmakesequal

Compare scenarios

Save this set of inputs, change something, then save again to compare the outcomes side by side.

Shares an early cheque converts into.

A worked example

Starting figures

Investment
$250,000
Valuation cap
$6,000,000
Discount
20%
Priced round valuation
$10,000,000

What it returns

Effective valuation
$6,000,000
Ownership
4.17%
Cap wins?
Yes
At round price
2.50%

How to read the results

With the defaults above, effective valuation works out at $6,000,000.

Related calculators

Late payment interest calculatorPrice for target margin calculatorDiscount impact calculatorRoad trip cost calculatorPayback period calculatorNet present value calculator