6. Your robotic automation start-up, Kela Controls, has raised capital as follows: Funding Round Pre-Money Post-Money Series A $8 million $12 million Series B $25 million $40 million Series C $100 million $150 million a. How much did Kela raise in each round? b. Assuming no other securities were issued, what fraction of the firm's shares were held by common shareholders (founders and employees) after each round? c. What is the distribution of ownership across each security after the Series C financing?

6. Your robotic automation start-up, Kela Controls, has raised capital as follows: Funding Round Pre-Money Post-Money Series A $8 million $12 million Series B $25 million $40 million Series C $100 million $150 million a. How much did Kela raise in each round? b. Assuming no other securities were issued, what fraction of the firm's shares were held by common shareholders (founders and employees) after each round? c. What is the distribution of ownership across each security after the Series C financing?

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter3: The Financial Environment: Markets, Institutions And Investment Banking

Section: Chapter Questions

Problem 9PROB

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