You have started a company and are in lucklong dasha venture capitalist has offered to...
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Accounting
You have started a company and are in lucklong dasha venture capitalist has offered to invest. You own 100% of the company with 5.05 million shares. The VC offers $1.15 million for 770,000 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 $ nothing per share.(Round to the nearest cent.)
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