Question: Question 8 (2 points) Use the information for the question(s) below. You founded your own firm three years ago. You initially contributed $200,000 of your
Question 8 (2 points) Use the information for the question(s) below. You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 1 million shares of stock. Since then, you have sold an additional 1 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $5 million and would receive 2 million newly issued shares in return. After the venture capitalist's investment, the post-money valuation of your shares are closest to: $5.0 million $200,000 $2.5 million $4.0 million $12.5 million
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
