Three years ago, you founded your own company. You invested $114,000 of your own money...

70.2K

Verified Solution

Question

Finance

image

Three years ago, you founded your own company. You invested $114,000 of your own money and received 5.7 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Price ($) Number of Shares Series B 0.60 1,100,000 Series C 3.50 600,000 Series D 3.00 700,000 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.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students