Multiple Choice
Melissa founded her company using $100,000 of her own money,issuing herself 50,000 shares of stock.An angel investor bought an additional 30,000 shares for $75,000.She now sells another 30,000 shares to a venture capitalist for $450,000.What is the post-money valuation for the company?
A) $1.65 million
B) $625,000
C) $1 million
D) $450,000
E) $850,000
Correct Answer:
Verified
Correct Answer:
Verified
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