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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 post-money valuation of the company? $36.47 million $37.75 million $38.14 million $39.51 million $40.00 million Step by Step Solution
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Personal Finance
Authors: Richard Stanton
2nd Edition
1519662106, 978-1519662101
