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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?
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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