Question
A venture capital company buys 400,000 shares of a start-ups stock for $8.60 million. If the company has 3.4 million shares outstanding prior to the
A venture capital company buys 400,000 shares of a start-ups stock for $8.60 million. If the company has 3.4 million shares outstanding prior to the purchase, what is the companys pre-money value? What is its post-money value? (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. )
Pre-money Value:
Post-money Value:
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
