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Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an additional 100,000 shares for
Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an additional 100,000 shares for $100,000. She now sells another 400,000 shares of stock to a venture capitalist for $1.5 million. What is the post-money valuation of the company? A. $4,500,000 B. $1,500,000 C. $1,650,000 D. $3,000,000
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