Use the table for the question(s)below.
Jeremy founded a company.He issues 200,000 shares of series A stock for his own $100,000 investment.He then goes through three further rounds of investment,as shown below:

-Which of the following is closest to the percentage of the company owned by the series D investors?

Question

Use the table for the question(s)below.
Jeremy founded a company.He issues 200,000 shares of series A stock for his own $100,000 investment.He then goes through three further rounds of investment,as shown below:
 
-Which of the following is closest to the percentage of the company owned by the series D investors?

Quizplus · Accepted Answer

Series D investors typically come in at a later stage of a company's financing cycle. By this stage, the company has often already issued shares to founders, employees (via options), and earlier series of investors (Series A, B, C, etc.). As a result, the percentage of the company they own is usually significant but not a majority. Without specific numbers, it's impossible to determine the exact percentage, but among the given options, 29% is a reasonable estimate for a later-stage investment like Series D, considering it reflects a substantial but not controlling stake.

Use the Table for the Question(s)below