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DragoxCM16 DragoxCM16
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4 years ago
Jeremy founded a company. He issues 200,000 shares of series A stock for his own $100,000 investment. He then goes through three further rounds of investment, as shown below:

RoundPriceNumber of Shares
Series B$1.00500,000
Series C$1.50300,000
Series D$2.25400,000

What is the post-money valuation for the series-D funding round?

▸ $2.025 million

▸ $2.85 million

▸ $3.15 million

▸ $1.95 million
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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gturgtur
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4 years ago
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DragoxCM16 Author
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#2
4 years ago
Exactly what I needed for my project, TYSM
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