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Previously, an entrepreneur invested $1000 for 10,000 shares. An angel investor how has invested $2000 for 5000 shares. Is this an up-round or a down-round?

  1. Previously, an entrepreneur invested $1000 for 10,000 shares. An angel investor how has invested $2000 for 5000 shares. Is this an up-round or a down-round?

    A.

    An up-round

    B.

    A down-round

    C.

    There is not enough information to determine this.

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