Simone Founded Her Company Using $150,000 of Her Own Money

question 57

Multiple Choice

Simone founded her company using $150,000 of her own money, issuing herself 300,000 shares. Anangel investor bought an additional 200,000 shares for $100,000. She now sells another 500,000 shares to a venture capitalist for $2 million. What is the post-money valuation of the company?

• A) $2,000,000
• B) $4,000,000
• C) $2,250,000
• D) $6,000,000

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To mock, taunt, or make fun of someone or something in a demeaning way.

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The failure to provide for or attend to someone's needs, care, or wellbeing.

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A term describing individuals or families that earn significantly less than the average income, often leading to limited access to resources and opportunities.

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