Could you send me the answer of all this exercise?

TD Finance In-Class Exercise Raising Equity Capital 1. Three years ago, you founded your own company. You invested $100,000 of your money and received 5 million shares of Series A preferred stock. Since then, your company has been through three additional rounds of financing Round Price ($) Number of Shares Series B 0.5 1,000,000 Series C 2 500,000 Series D 4 500,000 a. What is the pre-money valuation for the Series D funding round? b. What is the post-money valuation for the Series D funding round? C. Assuming that you own only the Series A preferred stock (and that each share of all series of preferred stock is convertible into one share of common stock), what percentage of the firm do you own after the last funding round? 2. Three years ago, you founded Outdoor Recreation, Inc., a retailer specializing in the sale of equipment and clothing for recreational activities such as camping, skiing, and hiking. So far, your company has gone through three funding rounds: Share Price ($) 1 Round Series A Series B Series C Date Feb 2009 Aug 2010 Sep 2011 Investor You Angels Venture Capital Shares 500,000 1,000,000 2,000,000 2 3.5 Currently, it is 2012 and you need to raise additional capital to expand your business. You have decided to take your firm public through an IPO. You would like to issue an additional 6.5 million new shares through this IPO. Assuming that your firm successfully completes its IPO, you forecast that 2012 net income will be $7.5 million a. Your investment banker advises you that the prices of other recent IPOs have been set such that the P/E ratios based on 2012 forecasted earnings average 20.0. Assuming that your IPO is set at a price that implies a similar multiple, what will your IPO price per share be? b. What percentage of the firm will you own after the IPO? 3. Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 100,000 13.80 200,000 13.60 500,000 13.40 1,000,000 13.20 1,200,000 13.00 800,000 12.80 400,000 Assuming Roundtree would like to sell 1.8 million shares in its IPO, what will the winning auction offer price be? 4. Starware Software was founded last year to develop software for gaming applications. Initially, the founder invested $800,000 and received 8 million shares of stock. Starware now needs to raise a second round of capital, and it has identified an interested venture capitalist. This venture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. How many shares must the venture capitalist receive to end up with 20% of the company? What is the implied price per share of this funding round? b. What will the value of the whole firm be after this investment (the post-money valuation)? a