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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
- 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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