1. You have raised $1mm from VCs in exchange for 20% of your company, using Simple(nonparticipating) Preferred Stock with a 2x Liquidation Preference. You sell company for $8mm. How much money do the VCs get?

2. You have raised $1mm from VCs in exchange for 20% of your company, using Participating Preferred Stock with a 2x Liquidation Preference. You sell your company for $8mm. How much money do the VCs get?

3. You start off owning 100% of the stock in your company. Then you raise $200,000 in a Seed round by issuing equity at $1mm pre-money valuation, after a year, you raise $4mm in a Series A round by issuing equity at a $9mm pre-money valuation. What % of your company do you own after that?

4. You own 100% of your company and have issued yourself $2mm shares; you raise $4mm in VC on a $12mm Pre-money valuation. How many shares do you issue to the VC?