Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 10, 2024

You founded a company 3 years ago. You put in $253 to fund the operations in the beginning and issued 253 shares to yourself. Your

You founded a company 3 years ago. You put in $253 to fund the operations in the beginning and issued 253 shares to yourself. Your parents bought 120 shares in the company for $334 later.

You are now negotiating with a VC that wants to invest $1,837 in exchange for 650 shares in your company.

If you decide to accept the VC's offer, what is the value of your shares in the company based on the post-money valuation?

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

Essentials Of Financial Management Text And Cases

Authors: George C Philippatos

1st Edition

0816267162, 978-0816267163

More Books

Students also viewed these Finance questions

Question

★★★★★

The Ecco Company makes electronics products for distribution throughout the world. As a member of the quality department, you are interested in the warranty claims that are made by customers who have...

Answered: 1 week ago

Question

★★★★★

What is the standard error of a statistic?

Answered: 1 week ago

Question

★★★★★

1. What types of tests can be performed using the data that may at least indirectly address the primary research question? 2. What do you think the primary conclusions of the white paper will be...

Answered: 1 week ago

Question

★★★★★

"ABC" Corporation stock is now selling for $48 per share and they have just paid a dividend with an amount equal to $2.00 per share. The firm's level of risk is equal to 50% of the market's level of...

Answered: 1 week ago

Question

★★★★★

Analyze the specific differences in detail required to form a binding contract in common law and the UCC - provide examples. What are the differences in performance to resolve a common law contract...

Answered: 1 week ago

Question

★★★★★

Which of the statements below are correct in regards to the Cloud Choice Profit Model? No product authorization is required for the Cloud Choice Profit model The customer signs SAP paper for the...

Answered: 1 week ago

Question

★★★★★

An experimental psychologist plans a study in which a crucial step is offering participants a food reward. It is important that the three food rewards be equal in appeal. Thus, a pre-study was...

Answered: 1 week ago

Question

★★★★★

Per the TAR Purchase and Sales Agreement, there is a period of time after the inspection period in which the parties can agree to any repairs. What is this period of time referred to as? Unset...

Answered: 1 week ago

Question

★★★★★

Researchers are interested in whether there is a difference between the number of brothers and number of sisters for graduate students. So they randomly selected 20 graduate students and asked each...

Answered: 1 week ago

Question

★★★★★

how would you compare the results between the lease assets vs total assets and the lease liabilities vs total liabilities visualization? finance lease assets are higher than finane lease liabilities...

Answered: 1 week ago

Question

★★★★★

Did you use the correct logo and placement to be consistent with the brand? [yes or no]

Answered: 1 week ago

Question

★★★★★

Did you check photos for quality and rights clearance?

Answered: 1 week ago

Question

★★★★★

Did you check the facts, their accuracy, and sources?

Answered: 1 week ago

Previous Question Next Question