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$15 million in year five. Comparable companies command price/earnings ratios of about 20x. For the risk assumed the VC requires a 50% IRR on the
$15 million in year five. Comparable companies command price/earnings ratios of about 20x. For the risk assumed the VC requires a 50% IRR on the investment. What is the pre-money valuation of the company? $13.45 million $14.51 million $26.58 million $27.12 million $28.36 million Step by Step Solution
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Advances In Entrepreneurial Finance
Authors: Rassoul Yazdipour
2011th Edition
148998190X, 978-1489981905
