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Question You are the founder of a start-up and currently own all 1,000 shares of...

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Question You are the founder of a start-up and currently own all 1,000 shares of your start- up. You've just raised $500,000 in Series A financing with a pre-money valuation of $2,500,000. This funding also triggers a convertible note with the following terms: . Principal: $100,000 Interest Rate: 0% Discount: 20% Valuation Cap: $10,000,000 How many shares will the convertible note holders get after the conversion occurs

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