Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer the following You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% of the company

please answer the following
image text in transcribed
You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% of the company with 4.71 million shares. The VC offers $1,14 million for 760,000 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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Carbon Markets Or Climate Finance?

Authors: Axel Michaelowa

1st Edition

0415743435, 978-0415743433

More Books

Students also viewed these Finance questions

Question

8. Explain the relationship between communication and context.

Answered: 1 week ago

Question

d. How were you expected to contribute to family life?

Answered: 1 week ago