A venture capital company buys 400,000 shares of a start-up’s
stock for $8.20 million. If the company has 3.2 million shares
outstanding prior to the purchase, what is the company’s pre-money
value? What is its post-money value? (Do not round
intermediate calculations. Enter your answers in millions rounded
to 2 decimal places. )
Pre-money value?
Post-money value?
A venture capital company buys 400,000 shares of a start-up’s stock for $8.20 million. If the company has 3.2 million sh
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
A venture capital company buys 400,000 shares of a start-up’s stock for $8.20 million. If the company has 3.2 million sh
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!