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Ekinoks teknomarket was founded with an initial investment of 1,000,000 tl and the founder received 1,000,000 shares of stock. Teknomarket needs more capital and is
Ekinoks teknomarket was founded with an initial investment of 1,000,000 tl and the founder received 1,000,000 shares of stock. Teknomarket needs more capital and is in luck A venture capitalist has offered to invest. This venture capitalist plans to invest $800,000 tl in Ekinoks, and wants to own 30% of the company after the investment is completed a) How many shares must the venture capitalist receive to end up with 30% of the company? (10 points) What is the implied price per share of this funding round? (10 points) b) What will the value of the whole firm be after this investment (the post-money valuation)? (10 points)
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