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QUESTION 10 You founded your firm with a contribution of $600,000, receiving 3,000,000 shares of stock. Since then, you sold 12,000,000 stocks to Angel Investors.

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QUESTION 10 "You founded your firm with a contribution of $600,000, receiving 3,000,000 shares of stock. Since then, you sold 12,000,000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $4,000,000 and would receive 90,000,000 newly issued shares. If this is the VC's first investment in the company, what percentage of the firm will they end up owning? Note: Express vour answers in strictly numerical terms. For example, if the answer is 5 percent, enter 0.05 as an answer." QUESTION 11 "You founded your firm with a contribution of $600,000, receiving 3,000,000 shares of stock. Since then, you sold 12,000,000 stocks to Angel Investors. Now you are considering rasing more capital from a venture Capitalist. They will invest $4,000,000 and would receive 90,000,000 newly issued shares. If this is the VC's first investment in the company, what percentage will you own? Note: Express your answers in strictly numerical terms. For example, if the answer is 5 percent, enter 0.05 as an answer." QUESTION 12 "You founded your firm with a contribution of $600,000, receiving 3,000,000 shares of stock. Since then, you sold 12,000,000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $4,000,000 and would receive 90,000,000 newly issued shares. If this is the VC's first investment in the company, what is the value of your shares? Express the terms of your answer completely and in strictly numerical terms. For example: If your answer is one million dollars, write: 1000000

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