Question
Let's say a VC Fund manager starts a VC Fund as a general partner and contributes $1M. He raises $1M each from 9 limited partners
Let's say a VC Fund manager starts a VC Fund as a general partner and contributes $1M. He raises $1M each from 9 limited partners (LP 1 thru LP9). He makes 10 investments into 10 firms (Firm A thru Firm J) of $1M each. If the pre-money valuation of Firm A was agreed to be $3M, the VC fund owns _____ % of Firm A?
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
