A venture capital company buys 400,000 shares of a start-up's stock for $5 million. If the company

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A venture capital company buys 400,000 shares of a start-up's stock for $5 million. If the company has 1.6 million shares outstanding prior to the purchase, what is the company's pre-money value? What is its post-money value?

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Analysis For Financial Management

ISBN: 9780071276269

9th International Edition

Authors: Robert C. Higgins

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