If you assume that the VC investors Round 1 & 2 bought standard preferred shares?

What was the price based on the investment and the post-money valuation?

How much money did the founders take home?  Assume 10% simple interest on any debt.

  

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Below is the tear-sheet and Venture Source information for an acquisition out of South Florida in 2000. Qtera was bought for $3 billion a mere 14 months after the initial round of venture capital. If you assume that the venture capital investors in Round 1 & 2 bought standard preferred shares (you can figure the price based on the investment and the post-money valuation), how much money did the founders take home? Assume 10% simple interest on any debt. Below is the tear-sheet and Venture Source information for an acquisition out of South Florida in 2000. Qtera was bought for $3 billion a mere 14 months after the initial round of venture capital. If you assume that the venture capital investors in Round 1 & 2 bought standard preferred shares (you can figure the price based on the investment and the post-money valuation), how much money did the founders take home? Assume 10% simple interest on any debt.

Answer rating: 100% (QA)

To calculate the price of the preferred shares based on the investment and postmoney valuation we need to determine the ownership percentage acquired ... View the full answer