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QUESTIONS Six years ago you founded your business by investing $50,000 and issuing yourself 100,000 shares. Two years later, an angel investor bought 100.000 newly

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QUESTIONS Six years ago you founded your business by investing $50,000 and issuing yourself 100,000 shares. Two years later, an angel investor bought 100.000 newly issued shares for a price of $3.20 per share. Two years after that, another angel investor bought 50.000 newly issued shares for $4.60 per share. Today, the firm you founded just issued another 150,000 shares and sold them to a venture capital firm for $10.00 per share. What is the Pre-Money valuation of the business with respect to the VC acquisition? $2.0 million $4.0 million $3.5 million 52.5 million

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