Question
Your company raises a $4.5m at a $10.5m pre-$ valuation, and later sells for $20m. If you own one-third of the common stock, how much
Your company raises a $4.5m at a $10.5m pre-$ valuation, and later sells for $20m. If you own one-third of the common stock, how much do you receive if investors have:
a. no liquidation preference?
b. a basic liquidation preference?
c. a 1.5x liquidation preference?
d. a participating liquidation preference?
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Marketing The Core
Authors: Roger A. Kerin, Steven W. Hartley, William Rudelius
5th edition
9780077517083, 78028922, 77517083, 978-0078028922
