If in the 3rd round of venture capital, the amount invested was $5M for a 10% interest in Spinnaker, the resultant Post-money value would be $50M: 5,000,000/.10 = 50,000,000. Based on this post money valuation and amount invested,  what is the pre-money valuation?

Answer rating: 100% (QA)

Answer To find the premoney valuation we sub... View the full answer