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
Posted: Mon May 02, 2022 9:14 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 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?
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?