You decide to address the potential of equity financing first. You know that from equity financing from the company founders, as well as Series A funding from friends and family, the company has 10 million in outstanding shares. Using an angel investor or venture capitalist will require Rogue to issue additional stocks. To attract investors, you decide to offer 15% equity in the company to an investor for $1.5 million.

What will be the number of shares that you must issue in order to provide an angel/VC with 15% equity in the company?

What is the implied price per share with this additional issuance of equity?

What will the value of the whole company be after an investor accepts your offer?