Q: You founded your own firm two years ago. Initially, you contributed 0.055 million of your money and, in return, received 1 million shares of stock. Since then, you have sold an additional 0.75 million shares to angel investors. You are now considering raising even more capital from a venture capitalist. The venture capitalist has agreed to invest 3 million and receive 2 million shares. Assuming that this is the venture capitalist’s first investment in your company.

What is the post-money valuation, in million?

Assuming that this is the venture capitalist’s first investment in your company, what percentage of the firm will he or she end up owning?

What percentage will you own?

What is the value of your shares, in million?


Important

Type your answers with “.” instead of “,”! For numerical answers, use 2 decimal places. For instance, if your answer is 0.12345 or 12.345%, type, “12.34” in the box.