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You started your own company a number of years ago. You own 100% of the common shares of the company. Currently there are 5,400,000 shares
You started your own company a number of years ago. You own 100% of the common shares of the company. Currently there are 5,400,000 shares outstanding. You wish to raise $2,550,000 from investors. A venture capitalist has agreed to invest the $2,550,000 in exchange the venture capitalist will receive 1,100,000 new shares. What is the post-money valuation of the company?
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