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

$100,000

of your own money and received

5.0

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	$0.70		1,000,000
Series C	3.50		650,000
Series D	3.00		600,000

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?

Question content area bottom

Part 1

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

The pre-money valuation is

$enter your response here

million. (Round to one decimal place.)

Part 2

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

The post-money valuation is

$enter your response here

million. (Round to one decimal place.)

Part 3

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?

You will own

enter your response here%.

(Round to one decimal place.)