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ution commande con conexternal browser launchurahttps%253A%252F%252Fnewconnect.meduca Sowed Problem 15-1 Venture Capital (1.01) You have purchased million shares in a restaurant chain venture. At this zero-stage
ution commande con conexternal browser launchurahttps%253A%252F%252Fnewconnect.meduca Sowed Problem 15-1 Venture Capital (1.01) You have purchased million shares in a restaurant chain venture. At this zero-stage investment, your company's assets are $180,00 palus the idea for your new product. Suppose the first milestone for your restaurant chain is demonstrated profitability at the first two outlets. You budget an additional $1,064,000 investment to get to this milestone. Suppose that when you first approach your friendly vo, he decides that your shares are worth only $0.80 each. .. How many shares will you need to sell to talse the additional $1,064,000? (Enter your answer in whole numbers, not in millions. Share 120.000 b. What fraction of the firm will you own after the VC investment? (Enter your answer as a percent rounded to 1 decimal place.) Personage of shares owned Proy 1 of 8 Next > ution commande con conexternal browser launchurahttps%253A%252F%252Fnewconnect.meduca Sowed Problem 15-1 Venture Capital (1.01) You have purchased million shares in a restaurant chain venture. At this zero-stage investment, your company's assets are $180,00 palus the idea for your new product. Suppose the first milestone for your restaurant chain is demonstrated profitability at the first two outlets. You budget an additional $1,064,000 investment to get to this milestone. Suppose that when you first approach your friendly vo, he decides that your shares are worth only $0.80 each. .. How many shares will you need to sell to talse the additional $1,064,000? (Enter your answer in whole numbers, not in millions. Share 120.000 b. What fraction of the firm will you own after the VC investment? (Enter your answer as a percent rounded to 1 decimal place.) Personage of shares owned Proy 1 of 8 Next >
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