Question
Please do Question C Soggy Bottom. inc. has received a term sheet frorn WeBefunding Ventures for a 000.0m investment. use the following cap table and
Please do Question C
Soggy Bottom. inc. has received a term sheet frorn WeBefunding Ventures for a "000.0m investment. use the following cap table and facts to answer the questions below. 2. The pre.monev valuation is $8.000.000, Jolly Angels nvested 52,000.000 with conversion terms Of the lesser Of a. discount Off the qualified financing, and b, cap of The notes are interest free. Webefundjng term sheet requires establishment Of an option pool Of shares immediately prior to funding. Common Sbre Option Preferred Shares Olly Angels Conv Note elk': unding Ventures Price per bare Questions Ange Rou 9/1/2022- Shares .ooo.ooo 1,000.0 .ooo $1,000 $2,000 S S enturt Roun Shares SOO SO. 100. s.'.ooo.ooo so, 100. 100% 0.001 A, What is the implied price/shareofthe WeBeFunding Ventures round? What is the post-money valuation? C. What percentage ownership will the following parties have: a. Founders: Roxanne and Ben b, Joliv Angels c. WeBeFunding Ventures
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