(1) Series A: $6M APP or converts to 10M shares.
(2) Series B: $12M APP or converts to 10M shares.
(3) Series C: $10M APP or converts to 10M shares.

In addition to these investors, the founders hold 10M shares of common stock.

If the exit value is $36M, how much is distributed to series A investor?

Answer rating: 100% (QA)

To determine how much is distributed to the Series A investor we need to understand the terms of the investment and how the exit proceeds are allocate... View the full answer