Three years ago, you founded your own company. You invested $114,000 of your own money and received 5.7 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing.
|
Round
|
Price? ($)
|
Number of Shares
|
|
Series B
|
0.60
|
1,050,000
|
|
Series C
|
2.00
|
650,000
|
|
Series D
|
3.00
|
600,000
|
a. What is the pre-money valuation for the Series D funding? round? $_____? million (round to one decimal place)
b. What is the post-money valuation for the Series D funding? round? $______? million (round to one decimal place)