(Answered) Simone founded her company using 175000 of her own money

Statistics

Simone founded her company using $175,000 of her own? money, issuing herself 200,000 shares of stock. An angel investor bought an additional 200,000 shares for $125,000. She now sells another450,000 shares of stock to a venture capitalist for $2 million. What percentage of the firm does Simone now? own?

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