$10,000,000 premoney valuation/10,000,000 shares outstanding = $1 per share. $11,000,000 post money valuation. $110,000 per share. 10 shares for 10% before the option pool increase for more employees. Joe’s 2,200,000 shares are now worth 20% ownership. Parker’s 5,800,000 shares are now worth 52.7%. Unvested 2,000,000 shares is now 18.1%