Question
Onset VC invested $750,000 to purchase preferred shares at $1 per share in return for 31.58% ownership. A) What are the post-money and pre-money valuations?
Onset VC invested $750,000 to purchase preferred shares at $1 per share in return for 31.58% ownership.
A) What are the post-money and pre-money valuations? B) What is the number of shares that Onset has? C)What is the total number of shares in company? D)What is number of shares founders have?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
