A founder (F) develops a startup (SU) in his garage. A neighboring angel (A) offers $1M for 25% of SU. They (F&A) decide - arbitrarily- to have SU comprised of 4,000 shares at a price of $1 per share. 1. a. What is the value of SU? b. Describe this transaction in the "pre-post format". c. Provide the cap table of S at this point. Now, a venture capitalist (VC) offers F&A $2M for 20% of SU. d. What is the value of SU? e. What is the price of SU? f. Is this an up-round or down-round? 8. Describe this tr