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Three yearsago, you founded your own company. You invested $ 104 comma 000 $104,000 of your own money and received 5.2 5.2 million shares of

Three yearsago, you founded your own company. You invested $ 104 comma 000

$104,000 of your own money and received 5.2

5.2 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

0.65

0.65

1 comma 200 comma 000

1,200,000

Series C

3.00

3.00

550 comma 000

550,000

Series D

3.00

3.00

500 comma 000

500,000

a. What is thepre-money valuation for the Series D fundinground?

b. What is thepost-money valuation for the Series D fundinground?

a. What is thepre-money valuation for the Series D fundinground?

Thepre-money valuation is $

nothing

million. (Round to one decimalplace.)

b. What is thepost-money valuation for the Series D fundinground?

Thepost-money valuation is $

nothing

million.(Round to one decimalplace.)

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