Question
These are the cap tables for DELTA, Inc. AFTER two different financing rounds (Series A & Series B). Before invest. Series A Series B Shares
These are the cap tables for DELTA, Inc. AFTER two different financing rounds (Series A & Series B).
Before invest. | Series A | Series B | |||||
| Shares held - total after round | Percent | Value of all shared held | Shares held - total after round | Percent | Value of all shares held | |
Founder | 90% | 5,400,000 | 67.5% | $5,400,000 | 5,400,000 | 48% | $10,800,000 |
Investor A |
| 2,000,000 | 25.0% | $2,000,000 | 2,250,000 | 20% | $4,500,000 |
Investor B |
| -- | -- | -- | 3,000,000 | 26.7% | $6,000,000 |
Options | 10% | 600,000 | 7.5% | $600,000 | 600,000 | 5.3% | $1,200,000 |
Total | 100% | 8,000,000 | 100% | $8,000,000 | 11,250,000 | 100.0% | $22,500,000 |
What was the pre-money valuation for the Series B?
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