XYZ Inc. is seeking an investment of $62,000 from your venture capital firm. After extensive...
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Finance
XYZ Inc. is seeking an investment of $62,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $266,000 5 years from now. Because of the risk, you will only invest if you can generate of return of 13% per year on your investment.
The founders want to have 100,000 shares of the company.
What is the PRE-money valuation of the company? Round your answer to the nearest whole number, for example 50501.
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