Question
Your VC firm is considering a $3.5 million investment into GDL, Inc. You think the exit value for GDL will be $73.3 million 6 years
Your VC firm is considering a $3.5 million investment into GDL, Inc. You think the exit value for GDL will be $73.3 million 6 years from now. Because of the risk in this investment, you want to make at least at 24% return.
If the founders want to own 2,000,000 shares, how many shares will you ask for in return for your investment?
Round your answer to the nearest whole share.
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
