Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Three years ago, you founded your own company. You invested $118,000 of your own money and received 5.9 million shares of Series A preferred stock.

image text in transcribed

Three years ago, you founded your own company. You invested $118,000 of your own money and received 5.9 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Price ($) 0.55 Series B Number of Shares 1,000,000 700,000 700,000 Series C 3.00 Series D 3.50 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? a. What is the pre-money valuation for the Series D funding round? The pre-money valuation is $ million. (Round to one decimal place.) b. What is the post-money valuation for the Series D funding round? The post-money valuation is $ million. (Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

More Books

Students also viewed these Finance questions