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

question 41

Multiple Choice

Simone founded her company using $200,000 of her own money, issuing herself 300,000 shares of stock. An angel investor bought an additional 100,000 shares for $150,000. She now sells another 400,000 shares of stock to a venture capitalist for $2 million. What percentage of the firm does Simone now own?

• A) 11%
• B) 23%
• C) 38%
• D) 41%

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Definitions:

Supply Chain

is a system encompassing the production, handling, and distribution of goods and services from the source of production to the consumer.

Late Delivery

The occurrence of a product or service not being delivered or completed by the expected time frame agreed upon with a customer or client.

Problem Solvers

Individuals or groups skilled in identifying, analyzing, and finding solutions for complex issues or challenges.

Performance Threats

External or internal factors that could negatively affect the performance or success of an individual or organization.