New Enterprise Associates is among the top 10 venture capital firms in the country, according to InvestorRank. Chevy Chase, Md.-based NEA placed seventh overall and was the only firm located outside of Silicon Valley, Boston, or New York.
Investors like to require that an unissued option pool is in the pre-money valuation calculation when they put money into early stage companies. If you don't entirely understand what I am talking about here, go click on that link at the start of the post. Hopefully it will explain the issue.