home / study / business / finance / finance questions and answers / Starware Software Was Founded Last Year To Develop ... Your question has been answered Let us know if you got a helpful answer. Rate this answer . Question: Starware Software was founded last year to develop... Starware Software was founded last year to develop software for gaming applications. The founder initially invested $900,000 and received 8 million shares of stock. Starware now needs to raise a second round of capital, and it has identified a venture capitalist who is interested in investing. This venture capitalist will invest $1.00 million and wants to own 27% of the company after the investment is completed. a. How many shares must the venture capitalist receive to end up with 27% of the company? What is the implied price per share of this funding round? b. What will the value of the whole firm be after this investment (the post-money valuation)?