15

Question 15 2 pts New question, no more investment scenarios 1 & 2. Your VC firm has a hurdle rate of 20x cash-on-cash at exit. You are planning to invest $SM in a tech startup that you expect will be acquired for $250M in three years. What pre-money valuation would you put on a term sheet for your investment to ensure your partners are happy with your investment after the company is acquired