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%

---

Definitions:

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its performance and competitiveness.

Decision Making

The process of choosing among alternatives to reach a conclusion or to solve a problem effectively.

Types

Varieties or categories of something, distinguished by some characteristic or quality.

Groups

Collections of individuals who interact and communicate with each other, share common goals, and perceive themselves as a cohesive unit.