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NewCo founders have raised $75,000 from a Series A investor for 20% of the company. The investor has agreed to pay each co-founder a salary

  1. NewCo founders have raised $75,000 from a Series A investor for 20% of the company. The investor has agreed to pay each co-founder a salary of $15,000/year for 2 years. The co-founders and Series A investor believe that NewCo can be acquired for $3,000,000 after 2 more years of operation. Complete the Cap Table below and fill in the shaded boxes. Each shaded box should contain an answer.

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2. (20 points) NewCo founders have raised $75,000 from a Series A investor for 20% of the company. The investor has agreed to pay each co-founder a salary of $15,000/year for 2 years. The co-founders and Series A investor believe that NewCo can be acquired for $3,000,000 after 2 more years of operation. Complete the Cap Table below and fill in the shaded boxes. Each shaded box should contain an answer. (20 points) Start Company Series A Angel Financing Technical Founder Finance/Operations Founder 75.0% 25.0% Technical Founder Finance/Operations Founder Investors-Series A Total Equity Payout | d. e. f. ou Total Equity 100% 100% 3,000,000 Acquired for $3M After 2 years Lever #1: post money Valuation after Series A= $?? Lever #2: Raise $75,000 for 20% of company Budget for 2 yrs Each founder salary $15,000/yr Have $?? for Operations for 2 years What is the Company's Valuation after Series A? What will be the amount of money for operations over the 2 year period? Fill out the rest of the Table g h. What will be the payout for each Founder and the Series A Investor? (put answers next to letters below) What will be the final percent ownership for each Founder and the Series A Investor? (put answers next to letters below)

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