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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 5.02 million shares.

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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 5.02 million shares. The VC offers $1.19 million for 830,000 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 $1 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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