Question: Greeter Soft is a private firm that was started by Sam Sung for developing software for greeting card companies. Sam had invested $200,000 in the
Greeter Soft is a private firm that was started by Sam Sung for developing software for greeting card companies. Sam had invested $200,000 in the company. One year later a venture firm Big Bucks offers Sam $2 million for forty percent stake in the company. What is the pre-money value of Greeter Soft?
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