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1. Refer to the cap table in Exhibit 5. Assume the company is contemplating raising a Series C round. If a $10 million Series C

1. Refer to the cap table in Exhibit 5. Assume the company is contemplating raising a Series C round. If a $10 million Series C round takes place at a $40 million post-money valuation, how much does VC2 need to invest to maintain its 20% ownership stake?

  1. 1.5 million
  2. 4.0 million
  3. 2.5 million
  4. 2.0 million

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