13. Anderson started his own business in his parents garage. He threw in $5,000 of...
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13. Anderson started his own business in his parents garage. He threw in $5,000 of his own and was able to raise 3 rounds of financing afterwards: his parents, an angel investor, and a VC firm. Fill in the blank cells (marked by Roman letters) in the following table with the number you calculate in each round of financing. If you think there is not enough information to fill a specific cell, mark N/A in the cell. Show steps of calculation for each cell.
Round
Investor
$invested
Total #shares
Firm value
Price per share
Andersons ownership
1
Anderson
$5,000
1,000
(i)
(ii)
100%
2
Parents
$2,500
(iii)
(iv)
(v)
80%
3
Angel
(vi)
2,000
(vii)
$30
(viii)
4
VC
(ix)
(x)
$240,000
(xi)
25%
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