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Question 1 (1 point) You are a VC and you plan to invest $10 million in a startup company, Desperate For Cash Dot Com. Projections

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Question 1 (1 point) You are a VC and you plan to invest $10 million in a startup company, Desperate For Cash Dot Com. Projections show that EBITDA for last year was $1 million and in year 3 will be $8.9 million. Companies comparable in size and growth rate to Desparate for Cash Dot Com's Year 3 projections are selling for EBITDA Multiples of 13x. Using the VC method, the value of the company in three years is projected to be $ nse ponse Format 123.4 million as 123 Your

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