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2 weeks ago
An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $200,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for $1 million. What is the post-money valuation of the company?

▸ $1,000,000

▸ $1,140,000

▸ $2,000,000

▸ $1,750,000
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
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$1,750,000
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