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If you invest $1 million at $10 /share with a 50% ratchet for 10% of a company, what is the pre-money valuation? $10 milion B)
If you invest $1 million at $10 /share with a 50% ratchet for 10% of a company, what is the pre-money valuation? $10 milion B) \$20 million (C) \$1 million (D) $9 million
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