Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If in the 3rd round of venture capital, the amount invested was $5M for a 10% interest in Spinnaker, the resultant Post-money value would be
If in the 3rd round of venture capital, the amount invested was $5M for a 10% interest in Spinnaker, the resultant Post-money value would be $50M: 5,000,000/.10 = 50,000,000. Based on this post money valuation and amount invested, what is the pre-money valuation?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Answer To find the premoney valuation we sub...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Document Format ( 2 attachments)
663d3f5beb53f_968813.pdf
180 KBs PDF File
663d3f5beb53f_968813.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
