Question
You founded your firm with a contribution of $449365, receiving 2000000 shares of stock. Since then, you sold 340000 stocks to Angel Investors. Now you
You founded your firm with a contribution of $449365, receiving 2000000 shares of stock. Since then, you sold 340000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $4000000 and would receive 3000000 newly issued shares.
a. What is the post-money valuation?
b. If this is the VC's first investment in the company, what is the value of your shares?
(Please show all steps)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
