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For example, a $16,000 Convertible Note with a 20% discount to Series A round. In this exercise, the pre-money valuation at which the Series A
For example, a $16,000 Convertible Note with a 20% discount to Series A round. In this exercise, the pre-money valuation at which the Series A round was raised is not important, only the price per share ($8).
How many shares would the investor with the Convertible Note receive in Series A?
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