how many shares will you need to sell to raise the distal 1064000 what fraction of the firm will you own after the VC investment

You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your compey's assets are $180,000 plus the idea for your new product Suppose that when you first approach your friendly VC, he decides that your shares are worth only 50.80 each a. How many shares will you need to sell to raise the additional $1064XX? (Enter your answer in whole numbers, not in millions Shares b. What fraction of the firm will you own after the VC investment? (Enter your answer as a percent rounded to 1 decimal place. 35 Partentage of shares wed 1 of 3 Next >