Jeremy founded a company. He issues 200,000 Class A preference shares for his own $100,000 investment. He then goes through three further rounds of investment, as shown below: Round Price Number of Shares Class B $1.00 500,000 Class C $1.50 300,000 Class D $2.25 400,000 What is the post-money valuation for the Class D funding round?
A) $3.15 million
B) $1.95 million
C) $2.025 million
D) $2.85 million
Correct Answer:
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