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QUESTION 6 You founded your firm with a contribution of $700000, receiving 3000000 shares of stock. Since then, you sold 4500000 stocks to Angel Investors.

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QUESTION 6 "You founded your firm with a contribution of $700000, receiving 3000000 shares of stock. Since then, you sold 4500000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $20000000 and would receive 5000000 newly issued shares. What is the post-money valuation? Express the terms of your answer completely and in strictly numerical terms. For example: If your answer is one million dollars, write: 1000000." QUESTION 7 "You founded your firm with a contribution of $700000, receiving 3000000 shares of stock. Since then, you sold 4500000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $20000000 and would receive 5000000 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 your answers in strictly numerical terms. For example, if the answer is 5 percent, enter 0.05 as an answer." QUESTION 8 "You founded your firm with a contribution of $700000, receiving 3000000 shares of stock. Since then, you sold 4500000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $20000000 and would receive 5000000 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

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