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Five years ago, you established your own business. In exchange for your initial $300,000 personal contribution, you were given 3 million shares of stock. You

Five years ago, you established your own business. In exchange for your initial $300,000 personal contribution, you were given 3 million shares of stock. You have since sold three million more shares of stock to angel investors. Let's say you received $600,000. At this point, you might think about getting funding from a venture capital company. In exchange for its $6 million investment, this venture capital firm would get 5 million freshly issued shares. What are the pre-money valuations of your shares? What are the post-money valuations of your shares? What was your ownership stake in the business just after the angel investor made their investment? What are the post-money valuations of Angel Investor shares

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