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Your start-up company needs capital. Right now, you own 100% of the firm with 10.3 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 10.3 million shares. You have received two offers from venture capitalists. The first offers to invest $2.94 million for 1.11 million new shares. The second offers $1.91 million for 470,000 new shares. a. What is the first offer's post-money valuation of the firm? b. What is the second offer's post-money valuation of the firm? c. What is the difference in the percentage dilution caused by each offer? a. What is the first offer's post-money valuation of the firm? The post-money valuation will be $. (Round to the nearest dollar.) b. What is the second offer's post-money valuation of the firm? The post-money valuation will be $. (Round to the nearest dollar.) c. What is the difference in the percentage dilution caused by each offer? Offer 1 dilution will be (Round to three decimal places.) Offer 2 dilution will be . (Round to three decimal places.) The difference in dilution will be . (Round to three decimal places.)
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