A venture capital company buys 400,000 shares of a startups stock for $5 million. If the company
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A venture capital company buys 400,000 shares of a startup’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 postmoney value?`
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Analysis For Financial Management
ISBN: 9781260772364
13th Edition
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
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