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You have started a company and are in luck, a venture capitalist has offered to invest. You own 100% of the company with 4.71 million
You have started a company and are in luck, a venture capitalist has offered to invest. You own 100% of the company with 4.71 million shares. The VC offers $1.17 million for 810,000 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?
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