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John is the top candidate for the prestigious sales job with the largest computer service company in the world. John was asked to spend a day with a few of the current salespeople as part of the interview process. According to the text, the major benefit to John of the field interview is:
Post-money Valuation
The estimated value of a company after external financing and injections of equity have been added to its balance sheet.
Angel
A wealthy person who funds a new business, typically in return for convertible debt or a share in the company's equity.
Pre-money Valuation
The value of a company as estimated before the injection of new capital or investments.
Post-money Valuation
Refers to a company's valuation after external financing and/or capital injections are added to its balance sheet.
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