Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Series A Preferred* (Listed as converted-to- common equivalent) Total (common equivalent) 0 0% 300,000 20% 100% 1,500,000 100% (Percentages are given in monetary value
Series A Preferred* (Listed as converted-to- common equivalent) Total (common equivalent) 0 0% 300,000 20% 100% 1,500,000 100% (Percentages are given in monetary value equivalent) * Assumes the sale of all shares of Series A Preferred Shares (convertible to common on a 2 to 1 basis) for a total amount of $ 1,500,000 during the capitalization event at $ per share. Also assumes that percentages are based on monetary-value equivalent. Pre money valuation of the company is $ Post money valuation of the company is $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started