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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?
Fertilized Egg
A fertilized egg, or zygote, is the result of the fusion of a human egg and sperm, marking the beginning of human development.
Germinal Period
The initial two weeks of prenatal development after conception, characterized by rapid cell division and the beginning of cell differentiation.
Conception
The mental process of forming ideas or notions.
Chromosomes
Structures within cells that contain genetic information (DNA) necessary for the replication and function of organisms.
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