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Since you founded Mustang Corp, you have been able to raise $4 million in a Series A round with $12 million post-money value and



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Since you founded Mustang Corp, you have been able to raise $4 million in a Series A round with $12 million post-money value and a 2x liquidation preference, and $15 million in a Series B round with a $30 million post-money value and a 4x liquidation preference. Both A and B have participation rights (they have the option to convert their preferred shares to common shares if it is advantageous). Series B is senior over Series A. Mustang Corp is sold for $200 million. Calculate the percentage owned by series A, series B, and you (the founder) What is the value of series B investors, after Mustang Corp is sold? What is the value of series A investors, after Mustang Corp is sold?

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