Three years ago, you founded your own company. You invested of your own money and received million

Class A preference shares. Your company has since been through three additional rounds of financing.

$118 000 5.9

Round Price ($) Number of shares

Class B 0.55 1 200 000

Class C 3.00 700 000

Class D 8.00 600 000

a. What is the pre-money valuation for the Class D funding round?

b. What is the post-money valuation for the Class D funding round?

a. The pre-money valuation is $ million. (Round to one decimal place.)

b. The post-money valuation is $ million.