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need more explanation for scenario 2 and 3. convertible note IRR=28% . HPS follow-on financing round occurs in 2012; $5 million in equity capital is
need more explanation for scenario 2 and 3. convertible note IRR=28% . HPS follow-on financing round occurs in 2012; $5 million in equity capital is raised in return for a 38% stake after conversion I...
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