Question
QQ Capital is looking for high quality new ventures to invest. If it invests $1,000,000 in New Country Co, that companys post-money value will be
QQ Capital is looking for high quality new ventures to invest. If it invests $1,000,000 in New Country Co, that companys post-money value will be $1,200,000. This means New Countrys pre-money valuation is ______. By investing $1million in the company, QQ Capital will get _______ of the ownership of New Country Co.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
