Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

After its Seed Round Company B has a value of $10,000,000 with 1,000,000 shares. They plan to issue another 3,000,000 shares in the future. How

image text in transcribed
After its Seed Round Company B has a value of $10,000,000 with 1,000,000 shares. They plan to issue another 3,000,000 shares in the future. How high does the valuation need to be for the shares purchased by the Seed investors to have a 20x return? $800.000.000 20.000.000 $400.000.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cases In Healthcare Finance

Authors: Louis Gapenski

5th Edition

1567936113, 978-1567936117

More Books

Students also viewed these Finance questions

Question

Why are you writing? Why is this document required?

Answered: 1 week ago