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2. Assume a VC owns 25% of a target firm. The firm raises a new round of funding. The pre-money valuation of the firm is
2. Assume a VC owns 25% of a target firm. The firm raises a new round of funding. The pre-money valuation of the firm is $10M and they raise $2.5M of new money. The original VC now owns % of the firm
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