The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Upon its founding, the corporation issued 10 million shares of stock in total, all held by the three founders after having been granted at $0.02 per share. No additional shares are to be issued. (A decision about issuing new shares would be reconsidered in the event the firm went public at some time in the future). One year after founding a VC invests $2 million in startup-stage financing at a share price that places the company valuation at $5 million after that round. In an additional round of financing several months later the VC invests an additional $3 million for $6.00-value stock. If the founders were able to liquidate their remaining shares immediately after this second round, what would their shares be worth in total? (Show your work.
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll