You founded a company 3 years ago. You put in $238 to fund the operations in the

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You founded a company 3 years ago. You put in $238 to fund the operations in the beginning and issued 238 shares to yourself. Your parents bought 172 shares in the company for $315 later.

You are now negotiating with a VC that wants to invest $1,380 in exchange for 459 shares in your company.

If you decide to accept the VC's offer, what is the post-money valuation of the company?

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 10, 2021 08:30 PM

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You founded a company 3 years ago. You put in $238 to fund the operations in the

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Expert Answer:

Per share value issued by VC 1380459 30065 So Post money valuat... View the full answer

Microeconomics An Intuitive Approach with Calculus

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