Answered step by step
Verified Expert Solution
Question
1 Approved Answer
she Simone founded her company using $175,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an adoitional 200,000 shares
she Simone founded her company using $175,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an adoitional 200,000 shares for $125,000. She now sells another 450,000 shares of stock to a venture capitalist for $1.0 million. What is the post-money valuation of the company? AM stin O A. $1,161,111 O B. $2,111,111 O C. $1,055,556 OD. $3,166,667 vagi ces
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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