FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Billy founded his firm, investing $152,553 of his own money; issuing himself 136 shares of stock. Angel investors bought an additional 116 shares. Currently, he

image text in transcribed Billy founded his firm, investing $152,553 of his own money; issuing himself 136 shares of stock. Angel investors bought an additional 116 shares. Currently, he is selling another 144 shares to a VC for $171,078. What is the post-money valuation of the firm

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_2

Step: 3

blur-text-image_3

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

Fundamentals Of Futures And Options Market

Fundamentals Of Futures And Options Market

Authors: John C. Hull

6th Edition

0132242265, 9780132242264

More Books

Students also viewed these Finance questions

Question

★★★★★
Compare the main sources and uses of funds for finance companies, insurance companies, and pension funds.

Answered: 1 week ago

Question

★★★★★
Which of the sequences {a n } converge, and which diverge? Find the limit of each convergent sequence. an = tanhn

Answered: 1 week ago

Question

★★★★★
(Appendix) Megan, age 24, recently graduated from college. She was insured as a dependent under her fathers group health insurance policy, which provided coverage for her as a student until she...

Answered: 1 week ago

Question

★★★★★
Given the following list of items, (a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, orC. 05500 27328 ne-52 ic 0 0 1 4 1 0 1 0 0 5550 2312 0055550 eti 1 2 1 3 2 1 ml 2...

Answered: 1 week ago

Question

★★★★★
Nakashima Gallery had the following petty cash transactions in February of the current year Feb. 2 Wrote a $350 check, cashed it, and gave the proceeds and the petty cashbox to Chloe Addison, the...

Answered: 1 week ago

Question

★★★★★
Which of the following will be true if the currency of a country depreciates? (3 points) Net exports will remain unaffected, and aggregate demand will decrease. Net exports will increase, and...

Answered: 1 week ago

Question

★★★★★
(b) A Refrigerant-134a (R-134a) with a rate of 0.1 kg/s enters a condenser of a heat pump at 700 kPa and 40C. R-134a leaves the condenser as a saturated liquid with a constant pressure. The rate of...

Answered: 1 week ago

Question

★★★★★
1. (no R needed) Consider the following causal seasonal model xt = xt-4+ Wt Owt-1 where and are nonzero and the variance of the Gaussian white noise terms is 2. (a) Identify the values of p, d, q, P,...

Answered: 1 week ago

Question

★★★★★
Q2) a) From the phase diagram given below; determine the composition, temperature and the type of the transformation for the three phase reactions. b) Schematically show the microstructures that will...

Answered: 1 week ago

Question

★★★★★
In a study of risk factors for cardiovascular disease, researchers measured the serum cholesterol levels of independent samples of women and men, all between the ages of 55 and 64. The following...

Answered: 1 week ago

Question

★★★★★
1. Nonlinear Optimization (45 points) For the following problem min x + x2 a) Set up the KKT conditions s. t. x1 + x2 1.5 x12-2x20 b) Solve the problem by checking the four options a. Both...

Answered: 1 week ago

Question

★★★★★
Youve recently become an acquaintance with Ahmed, an international exchange student from Saudi Arabia. At one point in an early conversation with Ahmed you ask, What would you like me to know about...

Answered: 1 week ago

Question

★★★★★
In keeping with #1, think about all the things you applied to your body today so that you do not smell like a human (think of all the products you used today to manipulate your smell). Toothpaste,...

Answered: 1 week ago

Question

★★★★★
What communication strategies do you use to reduce uncertainty when interacting with others?

Answered: 1 week ago

Previous Question Next Question