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A venture capital company buys 400,000 shares of a start-ups stock for $7.60 million. If the company has 2.9 million shares outstanding prior to the
A venture capital company buys 400,000 shares of a start-ups stock for $7.60 million. If the company has 2.9 million shares outstanding prior to the purchase, what is the companys pre-money value? What is its post-money value?
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