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Your start-up company needs capital. Right now, you own 100% of the firm with 10.2 million shares. You have received two offers from venture capitalists.

Your start-up company needs capital. Right now, you own 100% of the firm with 10.2 million shares. You have received two offers from venture capitalists. The first offers to invest $2.97 million for 1.16 million new shares. The second offers$1.97 million for 469,000 new shares.

a. What is the first offer's post-money valuation of the firm? (Round to the nearest dollar)

b. What is the second offer's post-money valuation of the firm? (Round to the nearesr dollar)

c. What is the difference in the percentage dilution caused by each offer? (Round each offer to three decimal places)

d. What is the dilution per dollar invested for each offer? (Round each offer to nine decimal places)

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