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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 5.31 million shares.
You have started a company and are in luck--a venture capitalist has offered to invest. You own 100% of the company with 5.31 million shares. The VC offers $1.04 million for
780.000 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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