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Three founders own all the stock but have different amounts. Jane has 40% and the other two, Aneesh and Tjada, have 30%. Ten million shares
- Three founders own all the stock but have different amounts. Jane has 40% and the other two, Aneesh and Tjada, have 30%. Ten million shares were issued. They then raise $400,000 from Aneeshs rich Uncle Manu and $600,000 from Janes mom, Sarah. For investing this money early Manu and Sarah receive a 20% discount to the next round. The Series A closes with an additional $4 million being raised. The post-money valuation is $15 million.
- What is the pre-money valuation?
- What % of the company does Jane, Aneesh, Tjada, Manu and Sarah own after Series A close? List each of their names and amounts separately.
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