Question
A venture capital firm has agreed to make a $1.00 million investment in a startup that has achieved product-market fit. The pre-money valuation of the
A venture capital firm has agreed to make a $1.00 million investment in a startup that has achieved product-market fit. The pre-money valuation of the startup has been negotiated to be $3.0 million. What percentage ownership will the venture capital firm be demanding in return for the investment?
A)15%
B)25%
C)33%
D)40%
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
