Question: 8. Wakeem funded a software company he started by contributing nothing more than the software code he wrote in college. Wakeem formed an LLC

8. Wakeem funded a software company he started by contributing nothing more

8. Wakeem funded a software company he started by contributing nothing more than the software code he wrote in college. Wakeem formed an LLC and through VC financing in exchange for 25% of the firm's equity. raised $1 million Wakeem is now considering raising more capital from the same VC firm. This VC would invest another $10 million to maintain the same fractional ownership. A) What is the post-money valuation of the firm? B) What is the value of Wakeem's shares? SHE

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