After its last round of financing a venture had 400000


After its last round of financing, a venture had 400,000 shares outstanding and a post-money value of $2 million. If the entrepreneur is confident the company is currently worth 25% more and needs to raise $500,000, how many shares will he sell? What are the new pre- and post-money values of the venture?

Solution Preview :

Prepared by a verified Expert
Finance Basics: After its last round of financing a venture had 400000
Reference No:- TGS01622281

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)