What percentage of the company will the ceo own, Financial Accounting

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What percentage of the company will the ceo own

Problem

The CEO wants you to run a scenario. Assume the capital structure proposed and that the company is doing a raise in April of the same year. The total pre-money enterprise value of the business in April would then be $3,000,000, and the company would raise $500,000 from an external group of Angels. Assuming that the deal gets done, and that the Angels invest equity in the deal, what percentage of the company will the CEO own after the new investment is complete?

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