Jeremy Founded a Company

question 75

Multiple Choice

Jeremy founded a company. He issues 100,000 shares of series A stock 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 series D funding round?

• A) $1.23 million
• B) $1.72 million
• C) $2.21 million
• D) $2.45 million

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Definitions:

Sales Promotion

Marketing strategies aimed at increasing sales in the short term through incentives such as discounts, coupons, or special offers.

Nonpersonal Communication

Refers to messages broadcasted to the general public through various media channels without personalized targeting.

Informative

Pertaining to or providing information; educational or enlightening.

Advertising

The activity of producing and placing promotional materials in various media channels to communicate to the public about products, services, or brands.