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Suppose you have a $ 1 6 0 M VC fund which you plan to invest equally in 2 0 startups. You plan to own

Suppose you have a $160M VC fund which you plan to invest equally in 20 startups. You plan to own 20%-30% of each startup after your initial (Series A) investment and reserve 3x of your Series A investment for follow-on rounds. Given these parameters, which of the following Series A investment opportunities provides a good fit for your fund?
Group of answer choices
$3M on $9M pre
$2M on $6M post
$2M on $3M pre
$2M on $8M post

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