Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 A VC investor invested 1.3 million SAR in a company worth 4.4 million SAR (post-money valuation). He expected a return on investment (ROI) of

image text in transcribed
4 A VC investor invested 1.3 million SAR in a company worth 4.4 million SAR (post-money valuation). He expected a return on investment (ROI) of 16. After 2 years, the two owners (the founder and the single investor) sell the company for 100 million SAR ? How much more money (SAR) did the investor make than what he expected (actual earnings - expected earnings) Round to nearest whole number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Finance And Investments

Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini

2nd Edition

366248174X, 978-3662481745

More Books

Students also viewed these Finance questions