The 400 shares sold to the series C investors represent 13.35% of the company's common shares.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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8.

 

The 400 shares sold to the series C investors represent 13.35% of the company's common shares.
Founder Shares
Total
Outstandi
ng shares
0
1
اناس
2
3
4
5678OO
O True
O False
funding
round
self
pre-seed
seed
Series A
Series B
Series C
Series D
Series E
IPO
1000
1400
1800
2200
2600
3000
3400
3800
4800
shares
sold to
outside
investors
0
400
400
400
400
400
400
400
1000
outside
investment
0
$480.00
$576.00
$691.20
$829.44
$995.33
percent
sold to
outside
investor
0
28.57%
22.22%
18.18%
15.38%
13.33%
$1,194.39 11.76%
$1,433.27 10.53%
$10,000.00 20.83%
1000
1000
1000
1000
1000
1000
1000
1000
1000
Value of
a
founder
Share
$1
$1.20
$1.44
$1.73
$2.07
$2.49
$2.99
$3.58
$10
Transcribed Image Text:The 400 shares sold to the series C investors represent 13.35% of the company's common shares. Founder Shares Total Outstandi ng shares 0 1 اناس 2 3 4 5678OO O True O False funding round self pre-seed seed Series A Series B Series C Series D Series E IPO 1000 1400 1800 2200 2600 3000 3400 3800 4800 shares sold to outside investors 0 400 400 400 400 400 400 400 1000 outside investment 0 $480.00 $576.00 $691.20 $829.44 $995.33 percent sold to outside investor 0 28.57% 22.22% 18.18% 15.38% 13.33% $1,194.39 11.76% $1,433.27 10.53% $10,000.00 20.83% 1000 1000 1000 1000 1000 1000 1000 1000 1000 Value of a founder Share $1 $1.20 $1.44 $1.73 $2.07 $2.49 $2.99 $3.58 $10
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