Business
Business, 19.10.2021 14:00, gervenonbrain

Taner invested $750,000 to start a company and received 1,000,000 shares of Series A common stock. Since then, the company has been through one additional funding round of financing: Round Price Per Share Number of Shares Series B $1.25 1,000,000 Taner is considering raising even more capital from a venture capitalist. The venture capitalist has agreed to invest $4 million in exchange for 40% ownership of the company. Let X be the post-money valuation for the venture capitalist's funding round, and Y be the price per share for the venture capitalist's funding round. Determine X and Y. X

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Taner invested $750,000 to start a company and received 1,000,000 shares of Series A common stock. S...

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