If a venture capitalist owns 20 percent of a firm today, and the firm intends to undertake
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If a venture capitalist owns 20 percent of a firm today, and the firm intends to undertake three additional rounds of financing, selling additional shares of the firm’s equity of 20 percent, 25 percent, and 20 percent, calculate her retention ratio.
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Mehwish Aziz
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Related Book For 
Venture Capital And Private Equity
ISBN: 9780470650912
2nd Edition
Authors: Josh Lerner, Felda Hardymon, Ann Leamon
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