A high growth company raised $10,000,000.00 in capital from a venture capital firm in the early growth stage of funding.The pre-money valuation of the company at the time the capital was raised $20,000,000.00.The terms of the investment also had an annual dividend of 8% and an exit preference of 1.2X upon a liquidity event.Based on these facts please answer the following questions.

1. Presuming the company sells for $100,000,000.00 what would the venture capitalist receive in proceeds?

2. Presuming the company sells for $27,000,000.00 what would the owners (company) receive in proceeds.

3. Presuming the company sells for $100,000,000.00 but also has $10,000,000.00 of debt on the balance sheet, what will the owners receive in proceeds?