Kib and Dennis have no experience in the dog food market and do not want to risk a large amount of the capital they made off of the Sedimend sale on this new venture. Accordingly, they have raised Series A money from Leg Up VC Fund, and are now looking to complete at Series B. Here are some relevant details for questions 29-38: Series A Proposed Series B Pre-Money Valuation $6,000,000 $9,000,000 Amount Raised $1,300,000 $2,500,000 Share Price ?? ?? Preferred Shares Issued ?? ?? Dividend Rate 8% 8% Cumulative Dividends No Yes Compounding Dividends No No Participating Preferred Yes Yes Common Stock Held by Founders 2,930,546 2,930,546 Authorized Options (Option Pool) 819,454 819,454 Options Issued 473,941 635,000 Liquidation Preference 1.5x Anti-Dilution Protection Weighted Average Full Ratchet FOR MATH PROBLEMS, IT IS BEST TO SHOW YOUR WORK AS I WILL GIVE PARTIAL CREDIT FOR WRONG ANSWERS THAT WERE THOUGHT ABOUT CORRECTLY. 3x Kib and Dennis have no experience in the dog food market and do not want to risk a large amount of the capital they made off of the Sedimend sale on this new venture. Accordingly, they have raised Series A money from Leg Up VC Fund, and are now looking to complete at Series B. Here are some relevant details for questions 29-38: Series A Proposed Series B Pre-Money Valuation $6,000,000 $9,000,000 Amount Raised $1,300,000 $2,500,000 Share Price ?? ?? Preferred Shares Issued ?? ?? Dividend Rate 8% 8% Cumulative Dividends No Yes Compounding Dividends No No Participating Preferred Yes Yes Common Stock Held by Founders 2,930,546 2,930,546 Authorized Options (Option Pool) 819,454 819,454 Options Issued 473,941 635,000 Liquidation Preference 1.5x Anti-Dilution Protection Weighted Average Full Ratchet FOR MATH PROBLEMS, IT IS BEST TO SHOW YOUR WORK AS I WILL GIVE PARTIAL CREDIT FOR WRONG ANSWERS THAT WERE THOUGHT ABOUT CORRECTLY. 3x