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LoyolaEX is a startup that has the following ownership structure. All current shareholders hold common shares. Founders: 200,000 shares Angels: 100,000 shares Employees: 100,000 shares
LoyolaEX is a startup that has the following ownership structure. All current shareholders hold common shares. Founders: 200,000 shares Angels: 100,000 shares Employees: 100,000 shares A VC offers to invest $1 million for a 20% equity stake in the startup. It also requires for all standard preferred shareholder rights that include a 2X liquidation preference right. How much would each group of investors get paid if the VCs participation were capped at 3 X?
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