Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

Value of the startup - company: $ 1 2 mn . The Venture capitalist invests $ 3 mn ( partly tied to milestones ) .

Value of the startup

-

company: $

12

.

The Venture capitalist invests $

3

(

partly tied to milestones

) .

The milestones were not reached. The VC

'

s equity stock increases by

8.3 % .

what did the Venture capitalist invested?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Alternative Assets

Authors: Mark J. P. Anson

2nd Edition

047198020X, 978-0471980209

More Books

Students also viewed these Finance questions

Question

★★★★★

Hiatt Company sells automatic can openers under a 75-day warranty for defective merchandise. Based on past experience, Hiatt estimates that 3% of the units sold will become defective during the...

Answered: 1 week ago

Question

★★★★★

Winnebagel Corp. currently sells 28,000 motor homes per year at $73,000 each and 7,000 luxury motor coaches per year at $115,000 each. The company wants to introduce a new portable camper to fill out...

Answered: 1 week ago

Question

★★★★★

Consider a birth and death process with birth rates i = (i + 1),i 0, and death rates i = i,i 0. (a) Determine the expected time to go from state 0 to state 4. (b) Determine the expected time to go...

Answered: 1 week ago

Question

★★★★★

Four-drive theory is conceptually different from Maslows needs hierarchy (as well as ERG theory) in several ways. Describe these differences. At the same time, needs are based on drives, so the four...

Answered: 1 week ago

Question

★★★★★

When attempting to run a program, it may not compile. What type of error is most likely occurring? Question 1 0 options: semantic error syntax error programmer error system error none of the above

Answered: 1 week ago

Question

★★★★★

Intersection point on vertical axis for call buyer's graph will be at. If you draw option payoff graphs for call buyer, call seller, put buyer and put seller now. Suppose in an option quotation, P=...

Answered: 1 week ago

Question

★★★★★

You have just been engaged as the external auditor for a medium-sized automotive servicing organization. The organization obtains most of its revenue in three ways: (a) it services motor-vehicle...

Answered: 1 week ago

Question

★★★★★

You are a staff information systems auditor in a public accounting firm. The firm has just acquired a new client-a small manufacturing organization. The client uses a minicomputer for its data...

Answered: 1 week ago

Question

★★★★★

The accounting department of a small company is responsible for payment of creditors. It receives a copy of each purchase order issued, a receiving document when the goods arrive, and the vendor's...

Answered: 1 week ago

Question

★★★★★

You are on the staff of an external audit firm that audits a small to medium-size financial institution. One day you receive a copy of a letter from the president of the financial institution to the...

Answered: 1 week ago

Question

★★★★★

As discussed in the chapter, many audit organizations now follow the "cycles" approach when evaluating an internal control system. This approach involves classifying transactions by cycles,...

Answered: 1 week ago

Question

★★★★★

How can a speaker determine whether he or she is speaking at an appropriate volume? (Objective 2)

Answered: 1 week ago

Question

★★★★★

Describe how appearance can affect the audiences perception of a speaker and his or her message. (Objective 3)

Answered: 1 week ago

Question

★★★★★

How should a speaker handle disruptions such as people arriving late or cell phones ringing?

Answered: 1 week ago

Previous Question Next Question