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Consider a start-up that is valued at cost throughout the early stages of its life. Required: a. Round A. Cyprus Ventures invests $273,910, bringing the post-round valuation to $860,000. What are the ownership percentages for the founder and Cyprus Ventures, if all voting rights are equal? b. Round B: A syndication of Cypress Ventures, Specific Pacific Management, and Mountainhome Capital Group invests $840,000 each. Now determine the ownership for each party assuming the start-up is valued at cost. c. What would be the minimum necessary voting rights for the founders to maintain control through both rounds of financing (Control is defined as greater than 50% ownership, with percentages rounded to whole numbers) Complete this question by entering your answers in the tabs below. Round A: Cyprus Ventures invests $273,910, bringing the post-round valuation to $860,000. What are the ownership percentages for the founder and Cyprus Ventures, if all voting rights are equal? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Round A: Cyprus Ventures invests $273,910, bringing the post-round valuation to $860,000. What are the ownership percentages for the founder and Cyprus Ventures, if all voting rights are equal? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Round B: A syndication of Cypress Ventures, Specific Pacific Management, and Mountainhome Capital Group invests $840,000 each. Now determine the ownership for each party assuming the start-up is valued at cost. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. What would be the minimum necessary voting rights for the founders to maintain control through both rounds of financing? (Control is defined as greater than 50% ownership, with percentages rounded to whole numbers.) Note: Do not round intermediate calculations. Round your answer to the nearest whole number

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