Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Score: 0 of 1 pt 16 of 25 (24 complete) X P 14-1 (similar to) You have started a company and are in luck-a venture

image text in transcribed
Score: 0 of 1 pt 16 of 25 (24 complete) X P 14-1 (similar to) You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% of the company with 4 71 million shares. The VC offers $1.17 million for 810,000 new shares a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment? a. What is the implied price per share? The implied price per share will be $ 1.44 per share. (Round to the nearest cent) b. What is the post-money valuation? The post-money valuation will be million (Round to two decimal places) Enter your answer in the answer box and then click Check Answer 1 part remaining Clear All

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Foundations Of Business Analysis

Authors: M Douglas Berg

1st Edition

1465222030, 9781465222039

More Books

Students also viewed these Finance questions