Beru.com recently raised $4.6 million with a pre-money value of $9.5 million. They are seeking to raise

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Beru.com recently raised $4.6 million with a pre-money value of $9.5 million. They are seeking to raise another $6.4 million. What is the largest fraction of the firm they can offer and avoid a down round?

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Corporate Finance

ISBN: 9781292304151

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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