Booker Ventures I invested $3M in a startup AICo in a Series A investment. The investment is structured as 3M shares of convertible preferred. The founders and employees (together called the “founders”) have claims on a total of 9M shares of common stock (as exercised). 

What are the x-axis and y-axis values (x-axis, y-axis) of Series A’s conversion point on the exit diagram?

Answer rating: 100% (QA)

To determine the conversion point on the exit diagram for Series A investment we need to know the co... View the full answer