Question
You have started a company and are in luck a venture capitalist has offered to invest. You own 100% of the company with 5.13 million
You have started a company and are in luck aventure capitalist has offered to invest. You own 100%of the company with 5.13million shares. The VC offers $1.17million for 840,000new shares.
a. What is the implied price per share?
b. What is thepost-money valuation?
c. What fraction of the firm will you own after the investment?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
