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Your robotic automation startup, Kela Controls, has raised capital as shown here: Funding Round Pre-Money Post-Money Series A $8 million $11 million Series B $29

Your robotic automation startup, Kela Controls, has raised capital as shown here:

Funding Round Pre-Money Post-Money Series A $8 million $11 million Series B $29 million $39 million Series C $91 million $159 million

a. How much did Kela raise in each round?

b. What fraction of the firm's shares were held by founders and employees after each round?

c. What is the distribution of ownership across each security after the Series C financing?

d. If the firm is ultimately sold for $470 million, what multiple of money did each series earn? What will founders and employees receive? (Assume all preferred shares convert to common.)

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%x P23-6 (similar to) Your robotic automation startup, Kela Controls, has raised capital as shown here: a. How much did Kela raise in each round? b. What fraction of the firm's shares were held by founders and employees after each round? c. What is the distribution of ownership across each security after the Series C financing? d. If the firm is ultimately sold for $470 million, what multiple of money did each series earn? What will founders and employees receive? (Assume all preferred shares convert to common.) X Data Table (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Funding Round Series A Series B Series C Pre-Money $8 million $29 million $91 million Post-Money $11 million $39 million $159 million Print Done

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