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Three years ago, you founded your own company. You invested $ 100,000 of your own money and received 5.0million shares of Series A preferred stock.

Three years ago, you founded your own company. You invested

$ 100,000 of your own money and received 5.0million shares of Series A preferred stock. Your company has since been through three additional rounds of financing.

Round

Price

Number of Shares

Series B

$0.500.50

1 comma 200 comma 0001,200,000

Series C

3.503.50

600 comma 000600,000

Series D

8.008.00

600 comma 000600,000

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

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

c. Assuming that you own only the Series A preferred stock (and that each share of all series of preferred stock is convertible into one share of common stock), what percentage of the firm do you own after the last funding round?

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