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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
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