Qs: Cap table and Exit

a. Create a cap table for the company using the data below.

Time-ordered events:

Founders: 250K founders investment; 5M shares

Seed: 2M @7.5M pre-money; 1X participating preferred shares

Created ISO pool with 18% of shares of the company

Series A: 12M @ 43M post-money; 2X liquidation preference

Loan: 8M as convertible loan @35% discount to the next fundraising round price; 3X participating preferred liquidation preference

Series B: 75M - @420M post-money; 3X participating preferred liquidation preference

b. In 2016 the company received an acquisition offer from a large company looking to expand its offerings. They offered $60M in cash.

How much money would the founders have made from selling the company at this time?

c. At what price would the company have to sell for the founders to be worth $100M?