Biology Forums - Study Force

Other Fields Homework Help Finance Topic started by: autumnnelson123 on Jul 7, 2019



Title: Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. ...
Post by: autumnnelson123 on Jul 7, 2019
Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an additional 200,000 shares for $100,000. She now sells another 500,000 shares of stock to a venture capitalist for $2 million. What percentage of the firm does Simone now own?

▸ 20%

▸ 40%

▸ 30%

▸ 10%


Title: Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. ...
Post by: yesimshay on Jul 7, 2019
Content hidden


Title: Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares of stock. ...
Post by: autumnnelson123 on Jul 7, 2019
Thanks for your help!