John Smith seeks $7.5 million from a VC fund.John and the VC agree that the company should be ready to go public in 4 years.At that time the company should have a market capitalization of $254.35 million.If the VC requires a 54% return on their investment,what is the VC's stake at the time of the IPO?
A) $7.5 million
B) $42.18 million
C) $254.35 million
D) $36.74 million
Correct Answer:
Verified
Q21: John Smith seeks $15 million from a
Q22: A wealthy individual who makes private equity
Q23: Miller Venture Capital Fund wants to average
Q24: Miller Venture Capital
Miller Venture Capital made a
Q25: Which of the following is not considered
Q27: Pickswinners Venture Fund
Pickswinners Venture Fund invested $10
Q28: Which country shows a great potential for
Q29: Pickswinners Venture Fund
Pickswinners Venture Fund invested $10
Q30: Miller Venture Capital
Miller Venture Capital made a
Q31: China has one of the fastest growing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents