Question
You have started a company and are in luck a venture capitalist has offered to invest. You own 100% of the company with 5.29 million
You have started a company and are in luck a venture capitalist has offered to invest. You own 100% of the company with 5.29 million shares. The VC offers $1.01 million for 770,000 new shares. a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment? a. What is the implied price per share? The implied price per share will be $ _______per share.(Round to the nearest cent.) b. What is the post-money valuation? The post-money valuation will be $_____million. (Round to two decimal places.) c. What fraction of the firm will you own after the investment? Your fractional ownership will be_______%. (Round to one decimal place.)
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