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You founded your own firm three years ago. You initially contributed $80,356 of your own money and in return you received 1,383,236 million shares of
You founded your own firm three years ago. You initially contributed $80,356 of your own money and in return you received 1,383,236 million shares of stock. Since then, you have sold an additional 1,175,387 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $11,381,458 million and would receive 3,026,149 million newly issued shares in return. The post-money valuation of your firm is closest to:
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