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Question 28 5 pts You have an idea for a company that will make really cool hacky sacks (yep, they are coming back!), but you

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Question 28 5 pts You have an idea for a company that will make really cool hacky sacks (yep, they are coming back!), but you need $30,000 to get started. Your aunt agrees to give you the $30k, but as a SAFE that converts to preferred stock with a 20% discount and a $1.5M CAP. The SAFE converts at the first priced round of equity funding. The first round of financing is $1,000,000 at $2 per share with that investor purchasing 28% of the company. How many shares will your aunt have in your company after the first priced financing round? (Round up or down to the nearest whole share.) Question 29 3 pts A company raises a Series A investment of $26M at $2.00 per share, with a three times participating preferred liquidation preference, and the investor now owns 20% of the company. Also, the investor is allowed to appoint three board members and has the right to load another round by Investing $5M more at the same rate at any time in a subsequent round. What was the pre-money valuation for this Series A Round? Question 28 5 pts You have an idea for a company that will make really cool hacky sacks (yep, they are coming back!), but you need $30,000 to get started. Your aunt agrees to give you the $30k, but as a SAFE that converts to preferred stock with a 20% discount and a $1.5M CAP. The SAFE converts at the first priced round of equity funding. The first round of financing is $1,000,000 at $2 per share with that investor purchasing 28% of the company. How many shares will your aunt have in your company after the first priced financing round? (Round up or down to the nearest whole share.) Question 29 3 pts A company raises a Series A investment of $26M at $2.00 per share, with a three times participating preferred liquidation preference, and the investor now owns 20% of the company. Also, the investor is allowed to appoint three board members and has the right to load another round by Investing $5M more at the same rate at any time in a subsequent round. What was the pre-money valuation for this Series A Round

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