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Suppose Sam's company successfully developed its product and needed an additional $ 2 million financing Assume that Sam and Max convince Acme Venture Partners (
Suppose Sam's company successfully developed its product and needed an additional $ million financing
Assume that Sam and Max convince Acme Venture Partners AVP to invest $ million for percent of the company in a secondround financing Series B
Moreover, assume that Sam and Max did their original financing Series using a convertible preferred structure and AVP has also agreed to a convertible preferred structure
What are the payoff values at million million and million?
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