A VC fund invested $1 million in a venture at Year 0 and invested another $1 million in the same venture at the end of
A VC fund invested $1 million in a venture at Year 0 and invested another $1 million in the same venture at the end of Year 2. Upon exit at the end of year 6, the overall IRR achieved by the VC fund is 45%. If the exit valuation of the entire venture is $100 million, what is the percentage shareholding of the VC fund in the venture at the time of exit?
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Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
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