Solved

An Entrepreneur Founded His Company Using $200,000 of His Own

Question 45

Multiple Choice

An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $150,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for$2 million. What is the post-money valuation of the company?


A) $1,750,000
B) $1,925,000
C) $3,500,000
D) $4,025,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions