Question
1. You have started a company and are in lucka venture capitalist has offered to invest. You own 100% of the company with 4.64 million
1. You have started a company and are in lucka venture capitalist has offered to invest. You own 100% of the company with 4.64 million shares. The VC offers $1.08 million for 840,000 new shares. a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment?
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
