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Ethelbert.com is a young software company owned by two entrepreneurs. It currently needs to raise $ 5 9 0 , 0 0 0 to support
Ethelbert.com is a young software company owned by two entrepreneurs. It currently needs to raise $ to support its expansion plans. A venture capitalist is prepared to provide the cash in return for a holding in the company. Under the plans for the investment, the venture capital will hold shares in the company, and the two entrepreneurs will have combined holdings of shares.
What is the total afterthemoney valuation of the firm?
What value is the venture capitalist placing on each share?
Note: Round your answer to the nearest whole number.
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