Question
A venture capital fund invests $2 Mns in a firm in exchange for 30% of the equity. What is the pre-money valuation of the firm?
A venture capital fund invests $2 Mns in a firm in exchange for 30% of the equity. What is the pre-money valuation of the firm?
|
| $6.7 Mns |
|
| $4.7 Mns |
|
| $3.7 Mns |
|
| $2.7 Mns |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
