Question: You founded your own firm three years ago. You initially contributed $ 2 0 0 , 0 0 0 of your own money and in
You founded your own firm three years ago. You initially contributed $ of your own money and in return you received milion shares of stock, since then, you have sold an additional million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $ million and would receive milion newly issued shares in return.
Assuming that this is the venture capitalist's first investment in your firm, the postmoney valuation of your shares are closest to:
$ million
$ million
$ million
$ million
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