Simone founded her company using $100,000 of her own money, issuing herself 200,000 shares of stock. An angel investor bought an additional 200,000 shares for $50,000. She now sells another 450,000 shares of stock to a venture capitalist for $1.0 million. What is the post-money valuation of the company? OA. $2,833,334 OB. $944,445 OC. $1,038,889 OD. $1,888,889
Simone founded her company using $100,000 of her own money, issuing herself 200,000 shares of stock. An angel investor bought an additional 200,000 shares for $50,000. She now sells another 450,000 shares of stock to a venture capitalist for $1.0 million. What is the post-money valuation of the company? OA. $2,833,334 OB. $944,445 OC. $1,038,889 OD. $1,888,889
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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