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QUESTION 17 An entrepreneur founded her company using $100,000 of her own money, issuing herself 20,000 shares of stock. An angel investor bought an additional
QUESTION 17 An entrepreneur founded her company using $100,000 of her own money, issuing herself 20,000 shares of stock. An angel investor bought an additional 100,000 shares for $600,000. She now sells another 100,000 shares of stock to a venture capitalist for $650,000. What is the pre-money valuation of the company for venture capitalist's funding? $720,000 $120,000 $1,430,000 O $600,000 QUESTION 17 An entrepreneur founded her company using $100,000 of her own money, issuing herself 20,000 shares of stock. An angel investor bought an additional 100,000 shares for $600,000. She now sells another 100,000 shares of stock to a venture capitalist for $650,000. What is the pre-money valuation of the company for venture capitalist's funding? $720,000 $120,000 $1,430,000 O $600,000
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