The Founder of a Company Issues 100,000 Class a Preference

question 64

Multiple Choice

The founder of a company issues 100,000 Class A preference shares for his own $250,000 investment. He then goes through three further rounds of investment, as shown below: $$\begin{array} { l c c } \text { Round } & \text { Price } & \text { Number of Shares } \\\hline \text { Class B } & \$ 2.50 & 200,000 \\\text { Class C } & \$ 2.75 & 300,000 \\\text { Class D } & \$ 2.80 & 200,000\end{array}$$ Which of the following is closest to the percentage of the company owned by the founder of the company?

• A) 25.0%
• B) 42%
• C) 12.5%
• D) 37.5%

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Definitions:

Epigenetics

“Above” or “in addition to” (epi) genetics; the study of the molecular mechanisms by which environments can influence genetic expression (without a DNA change).

Environmental Influences

Factors within the environment that can affect behaviors, development, and life processes.

Growth Mindset

The belief that abilities and intelligence can be developed through dedication and hard work, embracing challenge and learning from feedback.

Neuron Connections

The synapses or links between neurons in the nervous system through which they communicate with each other.