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Startup KL: Problem #3: (20 Points) Complete Single-Round Funding Capitalization Table: Two Co-Founders, a CEO & a CTO, has been diligently preparing to launch Startup

image text in transcribedStartup KL: Problem #3: (20 Points) Complete Single-Round Funding Capitalization Table: Two Co-Founders, a CEO & a CTO, has been diligently preparing to launch Startup KL for the last twelve months. The CEO owns 75% and the CTO owns 25% of the Companys 700,000 outstanding shares. The CEO is fully aware a Stock Option Plan will need to be created in order to successfully recruit future several key senior entrepreneurial executives and Board Members to build the company. As such, the CEO plans to create a 30% Stock Option Pool under a Pre-Money basis. Immediately thereafter, Startup KL will close on the verbally fully committed $350,000 in Common Stock offering. This Common Stock Funding group includes: 1) a local retired executive from a Fortune 500 company who is a close personal acquaintance for $50,000, a wealthy Uncle for $20,000, and the local active Angel Group for the $280,000 remaining balance. This investor has agreed to accept Common Stock given the very attractive (i.e. low) agreed upon Pre-Money Valuation of $650,000. Based upon the Financial Model the company will need to raise one additional follow-on investment rounds, which is forecasted to be structured as a Series A Preferred and ideally will be funded by an Angel Group Syndication lead by the current investing local Angel Group. For the CEO please complete (fill-in all the gray shaded boxes) in the following Capitalization Table-Single Funding for Startup KL. Round % to tenths.

Check \& Balance (\$/Share x Total Shares) = Post Money Valuation Check \& Balance (\$/Share x Total Shares) = Post Money Valuation

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