TRUE OR FALSE...

a)

The total dilution of the founders shares resulting from all capital raised from time 1 through time 8 was 65%.

b).

After the series B round of financing the founders share of the company declined from 45.45% to 38.46%

c)

The table indicates that the founders should not have sold 400 shares in the series D round for $2.99 a share. The funding round lowered the value of the series A investors.

d)

The value of the founders shares declines each time a new round of funding is completed.

Irue False