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Simone Founded Her Company Using $200,000 of Her Own Money

question 19

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Simone founded her company using $200,000 of her own money, issuing herself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $150,000. She now sells another 500,000 shares of stock to a venture capitalist for $1.5 million. What is the post-money valuation of the company?


Definitions:

Medulla Oblongata

The lower part of the brainstem, controlling vital functions such as breathing, heart rate, and blood pressure.

Brainstem

The lower extension of the brain, connecting to the spinal cord, and responsible for controlling vital functions such as breathing and heart rate.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem to the lower back and transmits neural signals between the brain and the rest of the body.

Hypothalamus

A region of the brain located below the thalamus, responsible for the regulation of many bodily functions, including temperature, hunger, and the release of hormones.

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