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bostoncore Question 9 3 pts Your startup company, Tables'N'Chairs, is considering taking on VC funding, and believe your company would perform as follows: - Without
bostoncore Question 9 3 pts Your startup company, Tables'N'Chairs, is considering taking on VC funding, and believe your company would perform as follows: - Without outside financing, the company could grow to $20 million in sales in 5 years, and be sold for $20 million If instead you take on VC, you believe the company can grow to $55 million in Revenue in 7 years, and be sold for 1.5 times revenue Prior to the 20% Option Pool, you own 20% of the business, and your co-founders each own 40% - However, following the creation of the Option Pool, with 2 rounds of VC you will give up 31% for the A round and 24% for the B What is your individual wealth at the Exit IF you choose to take the VC route? Post your answer per instructions, no $, no commas. For example, $1,234,567.893 would be posted as 1234567.89
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