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caillacakes caillacakes
wrote...
Posts: 378
3 months ago
The founder of a company issues 100,000 shares of series A stock for his own $250,000 investment. He then goes through three further rounds of investment, as shown below:

RoundPriceNumber of Shares
Series B$2.50200,000
Series C$2.75300,000
Series D$2.80200,000

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

▸ $2.24 million

▸ $2.43 million

▸ $1.96 million

▸ $2.14 million
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 68 times
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wrote...
3 months ago
$2.24 million
wrote...
3 months ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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