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Bonus Question On Shark Tank, an entrepreneur (Brian) offers to sell 25% of his business for $250,000 to the sharks based on a pre-money valuation
Bonus Question On Shark Tank, an entrepreneur (Brian) offers to sell 25% of his business for $250,000 to the sharks based on a pre-money valuation basis. The sharks agree to pay $250,000 at Brian's valuation of his company, but they want the equity share percentage to be calculated on a post- money valuation basis. What percentage of the business will the sharks get if they invest $250,000 into Brian's business on a post-money valuation basis? (1 p.)
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