Using Exhibit 5 in the reading, if the series B round had taken place at...

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Accounting

Using Exhibit 5 in the reading, if the series B round had taken place at a $20 million pre-money valuation, which of the following would not be true?

Group of answer choices

A.The post-money valuation is $24 million.

B.The founders are diluted to a 52.1% ownership stake.

C. The Angel is diluted to a 13.3% ownership stake.

D.VC 2 owns 16.7%.

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