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Use this set of facts for the next 10 questions: Five years ago, Sara started a mobile app company called Remedi to help high
Use this set of facts for the next 10 questions: Five years ago, Sara started a mobile app company called Remedi to help high school students deal with anxiety through breathing and meditation exercises. Fast forward to today and the company is seeking to raise a $10MM Series A Round. The investor group has asked Sara for a Fully-Diluted Cap table as part of the due diligence process. You've been asked to help Sara create the cap table based on the following sequential facts (i.e. each of these events happened after the last). Number of shares Sara issued herself at the founding of the company 1,000,000 Sara's CTO, Akram, received the following equity allocation as co- founder 7% Akram's vesting period Pre-Seed Raise from Y-Accelerator % Equity Y-Accelerator received for its investment Seed Raise from Greenland Ventures % Equity Greenland received for its investment After Greenland, Remedi set up an option pool based on total outstanding equity to recruit the C-Suite Team In month Akram decides to leave the company Question 24 How many shares will Akram earn if he's 100% vested? (Round to the whole number) 48,351 36 Months $250,000 5% $1,250,000 7.5% of the 7% 27 1 pts
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