Question: Question 1 (2 points) Let's build a business, in this scenario, let's pretend we build a puzzle-themed mobile game, let's call it In Dice. You


Question 1 (2 points) Let's build a business, in this scenario, let's pretend we build a puzzle-themed mobile game, let's call it In Dice. You started the company with an angel investor and 2 other co-founders. 10 million total shares were issued when the company started: 1 million shares to the investor, the rest split evenly between each of the 3 co-founders (including yourself). The investor put in $10,000, effectively buying shares of the company. You and your two other co-founders will build the business with your time and skills. Your plan is that if things go well, you'll get more venture capitalists to invest in InDice, and you want to become the next Pokemon Go, Angry Bird, or even Roblox. How much did the investor value the company of InDice when it was founded? $1,000,000 $100,000 $10,000 $100,000,000 Question 2 (2 points) What is the most common type of business entity you should form? C-Corp in Delaware LLC in Michigan S-Corp C-Corp in California DEC 6 tv c G Search or type URL Question 3 (3 points) How Many InDice shares do you own now as a co-founder? 3 300,000 1,000,000 3,000,000 10,000,000 DEC 6 tv
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