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Your sister started her own company a number of years ago. Your sister owns 100% of the common shares of the company. Currently there are
Your sister started her own company a number of years ago. Your sister owns 100% of the common shares of the company. Currently there are 7,500,000 shares outstanding. Your sister wishes to raise $3,250,000 from investors. A venture capitalist has agreed to to invest the $$3,250,000 in exchange the venture capitalist will receive 1,500,000 new shares. What is the pre-money valuation of the company.
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