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You have started a company and are in lucka venture capitalist has offered to invest. You own 100% of the company with 4.52 million shares.

You have started a company and are in

lucka venture capitalist has offered to invest. You own 100% of the company with 4.52 million shares. The VC offers

$1.05 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?

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