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Glenn Owens' attractive technology start - up requires $ 1 0 million to launch. Projections show earnings of $ 1 0 million and sales of
Glenn Owens' attractive technology startup requires $ million to launch. Projections show earnings of $ million and sales of $ million in the fifth year. The venture capital firm expects a return of percent per year for the fiveyear period prior to an IPO. What ownership portion should the venture capitalist expect to receive? Perform a sensitivity analysis on the valuation and rate of return.
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