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Use the information for the question(s) below.
You founded your own firm three years ago.You initially contributed $200,000 of your own money and in return you received 2 million shares of stock.Since then,you have sold an additional 1 million shares of stock to angel investors.You are now considering raising capital from a venture capital firm.This venture capital firm would invest $5 million and would receive 2 million newly issued shares in return.
-Assuming that this is the venture capitalist's first investment in your firm,the post-money valuation of your shares is closest to:
Cochlea
The inner ear; the bony tube that contains the basilar membrane and the organ of Corti.
Milligram
A unit of mass equal to one thousandth of a gram, often used to measure medication or chemical substances.
Desensitized
A reduction in emotional responsiveness to a stimulus after repeated exposure to it, often leading to a decrease in intense emotional reactions.
Stimulation
The action of arousing interest, enthusiasm, or excitement in something.
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