QUESTION 45 When a subsequent round of financing takes place at a lower price per share than previous round of financing: existing shareholders would suffer from the dilution of their ownership stake. If the existing shareholders required a clause in the terms of their financing that would obligate the company to offer them additional shares when subsequent shares are issued at a lower price than the paid is an example of an anti-dilution clause O False QUESTION 46 The J curve is illustrates the expected, estimated or simulated cash flow profile of a venture over its life. O True False QUESTION 47 The (fully diluted share count) is the total of all existing shares+ things that might eventually convert into shares. True False