Jeremy Founded a Company

question 11

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:

Conventional Merit Pay

involves financial rewards given to employees based on their performance evaluation, intended to motivate and recognize individual accomplishments.

Superiors' Pay

The compensation or salary awarded to individuals in higher positions of authority within an organization.

Pay Secrecy

Pay secrecy is the practice of preventing employees from disclosing or discussing their compensation with coworkers.

Conventional Merit Pay

A pay system where employees receive increases in pay based on their performance evaluations or achievements, traditionally seen in annual reviews.