Question
Three yearsago, 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
Three yearsago, 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.
a. What is thepre-money valuation for the Series D fundinground?
b. What is thepost-money valuation for the Series D fundinground?
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 commonstock), what percentage of the firm do you own after the last fundinground?
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