The 400 shares sold to the series C investors represent 13.35% of the company's common shares. False

The 400 shares sold to the series C investors represent 13.35% of the company's common shares. 1 2 3 4 5 6 7 8 @ True O False funding round self pre-seed seed Series A Series B Series C Series D Series E IPO Total shares Outstandi sold to ng shares outside 1000 1400 1800 2200 2600 3000 3400 3800 4800 investors 400 400 400 400 400 400 400 1000 outside investment $480.00 $576.00 $691.20 $82944 $995@3 $1,433 97 $10,ooom percent sold to outside investor 28.57% 22.22% 18M80/0 15.38% 13.33% 1176% 10.53% 20.83% Founder Shares 1 ooo 1000 1000 1000 1000 1 ooo 1000 1000 1000 Value of a founder Share $1 $1.20 $1.44 $173 $2.07 $2d9 $289 $3.58 $10