If you are trying to raise $500,000 to get to your next milestone and you are willing
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If you are trying to raise $500,000 to get to your next milestone and you are willing to give up 15% of the equity in your company for that investment, what operating income do you need to achieve by the third year to accomplish this? Make any assumptions necessary LO6 to answer the question.
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Related Book For
Raising Entrepreneurial Capital
ISBN: 9780124016668
2nd Edition
Authors: John B. Vinturella, Suzanne M. Erickson
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