In September 2021, the firm Canva raised $200 million which corresponded to a pre-money valuation of...

 

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In September 2021, the firm Canva raised $200 million which corresponded to a pre-money valuation of $39.8 billion. Question 1a (3 marks): What was its post-money valuation in billions? Note that you're asked to find the post, not pre-money valuation. Answer to 4 decimal places. So if your answer is $0.987654321 billion, write 0.9877. Answer: Question 1b (3 marks): If there were 10 billion shares before this September 2021 capital raising, how many were there immediately after? Answer in billions, correct to 4 decimal places. So if your answer 0.987654321 billion, write 0.9877. Answer: Question 1c (3 marks): What proportion of the company's equity did the new investors hold after this capital raising? Again, assume that there were 10 billion shares before this capital raising. Give your answer as a decimal proportion correct to 4 decimal places. So if your answer is 98.7654321% which is 0.987654321 as a decimal, write 0.9877. Answer: Question 1d (3 marks): Suppose that co-founder Melanie Perkins, who owned 15% of the stock before September 2021, actually sold part of her existing shares to the new investors. Therefore no fresh capital was raised and no new shares were issued. Find the dollar value of Melanie's shareholding after her $200 million stock sale on September 2021, assuming that the firm's shares were worth $39.8 billion before and after. Answer in billions, correct to 4 decimal places. So if your answer is 0.987654321 billion, write 0.9877. Answer: In September 2021, the firm Canva raised $200 million which corresponded to a pre-money valuation of $39.8 billion. Question 1a (3 marks): What was its post-money valuation in billions? Note that you're asked to find the post, not pre-money valuation. Answer to 4 decimal places. So if your answer is $0.987654321 billion, write 0.9877. Answer: Question 1b (3 marks): If there were 10 billion shares before this September 2021 capital raising, how many were there immediately after? Answer in billions, correct to 4 decimal places. So if your answer 0.987654321 billion, write 0.9877. Answer: Question 1c (3 marks): What proportion of the company's equity did the new investors hold after this capital raising? Again, assume that there were 10 billion shares before this capital raising. Give your answer as a decimal proportion correct to 4 decimal places. So if your answer is 98.7654321% which is 0.987654321 as a decimal, write 0.9877. Answer: Question 1d (3 marks): Suppose that co-founder Melanie Perkins, who owned 15% of the stock before September 2021, actually sold part of her existing shares to the new investors. Therefore no fresh capital was raised and no new shares were issued. Find the dollar value of Melanie's shareholding after her $200 million stock sale on September 2021, assuming that the firm's shares were worth $39.8 billion before and after. Answer in billions, correct to 4 decimal places. So if your answer is 0.987654321 billion, write 0.9877. Answer:

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What was its postmoney valuation in billions Note that youre asked to find the post not premoney valuation Answer to 4 decimal places So if your answer is 0987654321 billion write 09877 Answer 399800 ... View the full answer