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A new firm has had two rounds of financing to date. The founder initially contributed $1,750,000 of her own money and received 1.750.000 shares of

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A new firm has had two rounds of financing to date. The founder initially contributed $1,750,000 of her own money and received 1.750.000 shares of stock in return. Since then, the firm has sold an additional 580.000 shares to angel investors. The founder is now considering raising even more capital from a new VC The VC would invest $5,600,000 and would receive 700.000 newly issued shares. What is the post- money valuation of the firm? a) $24.24 million Ob) $7.35 million c) $8.63 million d) $7.93 million e) $18.64 million

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