If it doesn't do anything, why include it? Maybe change it to distributed existing stock?
All that really matters is the option pool created/allocated during the series A.
Note that we are changing it so that the pre-investment equity stake and option pool can't add up to > 100%. Thanks for the feedback!
For those people out there who don't build financial models, making this "model" in a user friendly way is really, really challenging and you did a really nice job on it. My UX would have been terrible in comparison.
One Note: I didn't notice the pre and post buttons at the bottom because the text was hard to read on internet explorer on my office computer. It looks like the text was selected on a super high res monitor (like a nice mac) because on a "normal" office PC it is pretty rough.
Again, nice job on this.
Hypothetically, you could own 100% of your company and have an option pool of x% and never allocate it to anyone, leaving you with full ownership of the company.