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If you assume that the VC investors Round 1 & 2 bought standard preferred shares? What was the price based on the investment and the

If you assume that the VC investors Round 1 & 2 bought standard preferred shares?


What was the price based on the investment and the post-money valuation?


How much money did the founders take home?  Assume 10% simple interest on any debt.


Below is the tear-sheet and Venture Source information for an acquisition out of South Florida in 2000. Qtera * = Lead Investor FINANCINGS TO DATE: Round Round Type 1 2 3 4 1st 2nd Debt ACQ Date 15-Oct-98 31-Mar-99 

Below is the tear-sheet and Venture Source information for an acquisition out of South Florida in 2000. Qtera was bought for $3 billion a mere 14 months after the initial round of venture capital. If you assume that the venture capital investors in Round 1 & 2 bought standard preferred shares (you can figure the price based on the investment and the post-money valuation), how much money did the founders take home? Assume 10% simple interest on any debt.

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