Three years? ago, you founded your own company. You invested $102,000 of your own money and received 5.1 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing.
Round Price? ($) Number of Shares Series B 0.50 1,000,000 Series C 4.00 550,000 Series D 3.00 650,000
Assuming that you own only the Series A preferred stock? (and that each share of all series of preferred stock is convertible into one share of common? stock), what percentage of the firm do you own after the last funding? round?
After the last funding? round, you will own nothing? %. ?(Round to one decimal? place.)