A potential investor is seeking to invest $300,000 in a venture, which currently has 700,000 shares held by its founders, and is targeting a 45% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known that a similar venture recently produced $700,000 in income and sold shares to the public for $10,500,000. What is the post-money valuation?

Answer rating: 100% (QA)

Total equity shares for other venture 10500000 Net income 700000 PE Ratio Total equity shares Net in... View the full answer