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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 4.56 million shares.

You have started a company and are in lucka venture capitalist has offered to invest. You own 100% of the company with 4.56 million shares. The VC offers $1.03 million for 820,000 new shares.

b. What is the post-money valuation?

c. What fraction of the firm will you own after the investment?

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