Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Three years ago, you founded your own company. You invested $ 1 2 0 , 0 0 0 of your own money and received 6

Three years ago, you founded your own company. You invested $120,000 of your own money and received 6.0 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing:
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.)
Data table
b. What is the post-money valuation for the Series D funding round?
The post-money valuation is $ million. (Round to one decimal place.)
(Click on the following icon in order to copy its contents into a spreadsheet.)
\table[[Round,Price ($),Number of Shares],[Series B,0.75,1,050,000
image text in transcribed

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

Personal Finance A Practical Approach

Authors: Jane King, Mary Carey

1st Edition

0199668833, 9780199668830

More Books

Students also viewed these Finance questions

Question

Describe three of Fechners psychophysical methods.

Answered: 1 week ago

Question

What is a process and process table?

Answered: 1 week ago

Question

What is Industrial Economics and Theory of Firm?

Answered: 1 week ago

Question

What is the meaning and definition of E-Business?

Answered: 1 week ago