Lars Corp. receives 1 round of financing equal to $10M at a $15M pre-money valuation.The VC receives
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Lars Corp. receives 1 round of financing equal to $10M at a $15M pre-money valuation.The VC receives participating preferred stock with a 1x liquidation preference and 2.5x cap. If the company is acquired for $50M, how much will the VC receive?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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