FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Syndicate Investor A (SIA) invested $75,000 in StartupX in the form of a SAFE with a $5,000,000 Cap. A year later StartupX raised $2,000,000 from

Syndicate Investor A (SIA) invested $75,000 in StartupX in the form of a SAFE with a $5,000,000 Cap. A year later StartupX raised $2,000,000 from Venture Investor A (VIA) at a post-money valuation of $8,000,000. This translated into a $7.00 per share price. How many shares will SIA receive upon its conversion of the SAFE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Personal Finance

Authors: Jeff Madura

3rd Edition

0321357973, 978-0321357977

More Books

Students also viewed these Finance questions

Question

★★★★★
You are an IT project manager and your project has met the mandatory functionality and quality, but has run over budget and over time. At a social event, a company director asks you whether your...

Answered: 1 week ago

Question

★★★★★
1. Provide an overview of what actions marketers should consider when developing the evaluation process for an advertisement. 2. Select any three advertisements of your choice. Identify the...

Answered: 1 week ago

Question

★★★★★
Define paraphrasing and reflecting.

Answered: 1 week ago

Question

★★★★★
Compute trend percentages for Peak Valley Sales & Services total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent. Which...

Answered: 1 week ago

Question

★★★★★
In earlier years, neither Hugo nor his wife, Wanda, made any taxable gifts. In 2021, Hugo gave $15,000 cash to each of his nieces, nephews and grandchildren, 30 individuals in total. The annual...

Answered: 1 week ago

Question

★★★★★
The treasurer of Reality Ltd has recently developed a computer model to help in the prediction of profits, statement of financial positions and cash flows. By entering the expected sales figure and...

Answered: 1 week ago

Question

★★★★★
Hugo Boss AG is a German designer, manufacturer, and distributer of mens and womens clothing, operating in the higher end of the clothing retail industry. During the period 20042017, the company...

Answered: 1 week ago

Question

★★★★★
Refer to the Journal of Engineering for Gas Turbines and Power (Jan. 2005) study of a high-pressure inlet fogging method for a gas turbine engine, Exercise 11.25. Consider, again, the first-order...

Answered: 1 week ago

Question

★★★★★
You are the manager of a fast-food store. Part of your job is to report to the boss at the end of each day which special is selling best. Use your vast knowledge of descriptive statistics to write...

Answered: 1 week ago

Question

★★★★★
A two-mass system consists of a piston of mass \(m_{1}\), connected by two elastic springs, that moves inside a tube as shown in Fig. 5.23. A pendulum of length \(l\) and end mass \(m_{2}\) is...

Answered: 1 week ago

Question

★★★★★
Two particles carrying charges \(q_{1}=-4 \mu \mathrm{C}\) and \(q_{2}=\) \(12 \mu \mathrm{C}\) are located \(5 \mathrm{~m}\) apart. Choose a coordinate system where the first particle is at the...

Answered: 1 week ago

Question

★★★★★
4. Describe in detail how you would use motivation to get those who should be wearing goggles to do so.

Answered: 1 week ago

Question

★★★★★
2. Would it be advisable for us to set up a procedure for screening out stress-prone or accident-prone individuals? Why? If so, how should we screen them?

Answered: 1 week ago

Question

★★★★★
3. In general, how would you suggest the Carters get all employees to behave more safely at work?

Answered: 1 week ago

Previous Question Next Question