Three years ago, you founded your own company. You invested $104,000 of your own money and received 5.2 million shares of Series A preferred stock. Your company has since been throu three additional rounds of financing. Round Price ($) Number of Shares Series B 0.75 1,100,000 Series C 3.00 600,000 Series D 4.50 650.000 a. What is the pre-money valuation for the Series D funding round? b. What is the post-money valuation for the Series D funding round? . a. What is the pre-money valuation for the Series D funding round? The pre-money valuation is $ million. (Round to one decimal place.) b. What is the post-money valuation for the Series D funding round? The post-money valuation is $ million. (Round to one decimal place.)
Three years ago, you founded your own company. You invested $104,000 of your own money and received 5.2 million shares of Series A preferred stock. Your company has since been throu three additional rounds of financing. Round Price ($) Number of Shares Series B 0.75 1,100,000 Series C 3.00 600,000 Series D 4.50 650.000 a. What is the pre-money valuation for the Series D funding round? b. What is the post-money valuation for the Series D funding round? . a. What is the pre-money valuation for the Series D funding round? The pre-money valuation is $ million. (Round to one decimal place.) b. What is the post-money valuation for the Series D funding round? The post-money valuation is $ million. (Round to one decimal place.)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter18: Initial Public Offerings, Investment Banking, And Capital Formation
Section: Chapter Questions
Problem 9MC
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