Question: Ethelbert com is a young software company owned by two entrepreneurs it currently needs to raise $1746,400 to support its expansipn plans. A venture capitalist

Ethelbert com is a young software company owned by two entrepreneurs it currently needs to raise $1746,400 to support its expansipn plans. A venture capitalist is prepared to provide the cash in return for a 40% holding in the company. Under the plans for the investment, the VC will hold 23,600 shares in the company and the two entrepreneurs will have combined holdings of 35,400 shares. a. What is the total after the-money valuation of the firm? Note: Enter your answer in dollars not millions. b. What value is the venture capitalist placing on each share

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