You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 3 million shares of stock. Since then, you have sold an additional 2 million shares of stock to angel investors
You are now considering raising capital from a venture capital firm. This venture capital firm would invest $4 million and would receive 2 million newly issued shares in return. Assuming that this is the venture capitalist's first investment in your firm, what percentage of the firm will the venture capitalist own?
A) 36%
B) 29%
C) 17%
D) 21%
Answer: B
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In the context of federal regulatory agencies and commissions, the _____ stops companies from engaging in unfair workforce practices.
Question options: Federal Trade Commission National Labor Relations Board Equal Employment Opportunity Commission Occupational Safety and Health Administration
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Indicate whether the statement is true or false