Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This Question: 5 pts 36 of 36 (0 complete) This Test: 100 pts possible 0 You have started a company and are in luck-a venture

image text in transcribed

This Question: 5 pts 36 of 36 (0 complete) This Test: 100 pts possible 0 You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% of the company with 4.94 million shares. The VC offers $1.09 million for 800.000 new shares a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment? a. What is the implied price per share? The implied price per share will be $ per share. (Round to the nearest cont.) b. What is the post-money valuation? The post-money valuation will be million (Round to two decimal places.) c. What fraction of the firm will you own after the investment? Your fractional ownership will be % (Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Finance questions