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An investor made an initial investment of $1.0 million in a company's Series A preferred investment round valued at $4.0M pre-money. The Series A term
An investor made an initial investment of $1.0 million in a company's Series A preferred investment round valued at $4.0M pre-money. The Series A term sheet also required an Option Pool of 10% of the company's total, fully-diluted, postclosing equity be reserved for future issuance. The investor has pro-rata rights on the $5.0 million Series B round. To maintain its percentage ownership after the Series B round to equal its percentage ownership immediately before Series B, the investor would have to invest: $800,000$900,000$1,000,000$1,125,000 None of the above
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