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Andreessen Horowitz is considering a $6M Series A investment for 6M shares of convertible preferred of Alpha Fintech at $1 per share. Using the data
Andreessen Horowitz is considering a $6M Series A investment for 6M shares of convertible preferred of Alpha Fintech at $1 per share. Using the data from the proposed capitalization table below, calculate:a. What are the OPP (original purchase price) and APP (aggregate purchase price) for Series A? b. What is the fully diluted share count? c. What is the proposed ownership percentage? d. What is the post-money valuation? e. What is the pre-money valuation?
Security Common-Founders Common-Employee Stock Pool Issued Unissued Series A Preferred Total Pre Series A # Shares % 15,000,000 83.3% 3,000,000 16.7% 600,000 3.3% 2,400,000 13.3% 0 0.0% 18,000,000 100.0% Security Common-Founders Common-Employee Stock Pool Issued Unissued Series A Preferred Total Pre Series A # Shares % 15,000,000 83.3% 3,000,000 16.7% 600,000 3.3% 2,400,000 13.3% 0 0.0% 18,000,000 100.0%Step by Step Solution
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