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Melanie Founded Her Company Using $250,000 of Her Own Money,issuing

Question 64

Multiple Choice

Melanie founded her company using $250,000 of her own money,issuing herself 100,000 shares of stock.An angel investor bought an additional 50,000 shares for $350,000.She now sells another 75,000 shares to a venture capitalist for $600,000.What is the post-money valuation for the company?


A) $600,000
B) $1.2 million
C) $950,000
D) $1.8 million
E) $1 million

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