Question
R.K. Maroon is a seed-stage web-oriented entertainment company with important intellectual property. RKMs founders, all technology experts in the relevant area, are anticipating a quick
R.K. Maroon is a seed-stage web-oriented entertainment company with important intellectual property. RKMs founders, all technology experts in the relevant area, are anticipating a quick leap to dot-com fortune and believe that their unique intellectual property will allow them to achieve a subsequent (year 3) $100,000,000 venture value with a one-time initial $2,000,000 in venture financing.
In contrast, similar dot-commers in their niche are currently seeking multistage financing amounting to $10,000,000 to achieve comparable results. The founders have organized with 1,000,000 shares and are willing to grant venture investors a 100% return on their business plan projections.
1.) What is the issue price per share? Round by 2 decimals.
2.) What is the pre-money valuation? Round it to the nearest whole number, no commas, no decimal places.
3.) What is the post-money valuation? Round it to the nearest whole number, no commas, no decimal places.
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