You have started a company and are in luck-a venture capitalist has offered to invest....
80.2K
Verified Solution
Link Copied!
Question
Finance
You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% of the company with 5.00 million shares. The VC offers $1.00 million for 800,000 new shares. a. What is the implied price per share? b. What is the post- money valuation? c. What fraction of the firm will you own after the investment? a. What is the implied price per share? The implied price per share will be $ per share. (Round to the nearest cent.) b. What is the post-money valuation? The post-money valuation will be $ million (Round to two decimal places.) c. What fraction of the firm will you own after the investment? Your fractional ownership will be %. (Round to one decimal place.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
