What fraction of the firms shares were held by founders and


Your robotic automation? startup, Kela? Controls, has raised capital as shown? here:

Funding              ?Pre-Money   ?Post-Money  

Series A                ?$8 million ?     $12 million

Series B ?               $23 million      ?$39 million

Series C               ?$105 million    ?$151 million

a. How much did Kela raise in each? round?

b. What fraction of the? firm's shares were held by founders and employees after each? round?

c. What is the distribution of ownership across each security after the Series C? financing?

d. If the firm is ultimately sold for $459 ?million, what multiple of money did each series? earn? What will founders and employees? receive? (Assume all preferred shares convert to? common.)

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Financial Management: What fraction of the firms shares were held by founders and
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