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Three years ago, you founded your own company. You invested $114,000 of your own money and received 5.7 million shares of Series A preferred stock.

Three years ago, you founded your own company. You invested $114,000 of your own money and received 5.7 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing.

Round

Price ($)

Number of Shares

Series B

0.60

1,050,000

Series C

2.00

650,000

Series D

3.00

600,000

a. What is the pre-money valuation for the Series D funding round? $_____? million (round to one decimal place)

b. What is the post-money valuation for the Series D funding round? $______? million (round to one decimal place)

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