Assume that prior to a VC investment, your ownership of your company's equity is 90%. A VC
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume that prior to a VC investment, your ownership of your company's equity is 90%. A VC investor wants to invest $2 million in exchange of 10% of your company, if you accept his deal, your ownership will be _________ %. Show your calculations.
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date: