Jeremy Founded a Company

question 26

Multiple Choice

Jeremy founded a company. He issues 200 000 Class A preference shares for his own $100 000 investment. He then goes through three further rounds of investment, as shown below: What is the post-money valuation for the Class D funding round?

• A)$2.025 million
• B)$3.15 million
• C)$1.95 million
• D)$2.85 million

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Definitions:

Insulation

Material used to prevent the transfer of heat, electricity, or sound from one area to another, often used in building construction and the manufacturing of clothing and appliances.

Glial Cell

A type of cell in the nervous system that supports, nourishes, and protects neurons, playing a crucial role in brain function.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Synaptic Vesicle

a small, spherical sac containing neurotransmitters, found in the nerve endings, crucial for transmitting signals between neurons.