Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please address parts a b and c You have started a company and are in luck - a venture capitalist has offered to invest. You
please address parts a b and c 
You have started a company and are in luck - a venture capitalist has offered to invest. You own 100% of the company with 5.27 million shares. The VC offers $1.15 million for 780,000 new shares. a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment 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
Commodity Trade And Finance
Authors: Michael Tamvakis
2nd Edition
041573245X, 978-0415732451
