Question
Using Exhibit 5 in the reading, if the series B round had taken place at a $20 million pre-money valuation, which of the following would
Using Exhibit 5 in the reading, if the series B round had taken place at a $20 million pre-money valuation, which of the following would not be true?
Group of answer choices
A.The post-money valuation is $24 million.
B.The founders are diluted to a 52.1% ownership stake.
C. The Angel is diluted to a 13.3% ownership stake.
D.VC 2 owns 16.7%.
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
