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ABC company raises $10 on $20. Two years later the company is sold for $200 million. How much does the venture capitalist receive if they
ABC company raises $10 on $20. Two years later the company is sold for $200 million. How much does the venture capitalist receive if they have a liquidation preference and a 3x capped participation preference and the ability to convert to common?
Select one:
a. $40 million
b. $50 million
c. $66 million
d. $72 million
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