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Raising capital is going to be critical for your company, Widget Inc, and you want to get the best possible investor right from the start,
Raising capital is going to be critical for your company, Widget Inc, and you want to get the best possible investor right from the start, since you believe you will only need the single round. The plan is to grow for 4 years, the exit via acquisition. The company expects to exit at a valuation of $77 million The company is requesting an investment from the VC of $1,500,000.00 The investors estimate the risk of the firm will require an IRR of 50% What percentage of Widget Inc. would the VC demand for the A Round? Post your answer in the form of a percentage, but no "%" sign. Example: 38.467% would be posted as 38.47
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