Simone founded her company using $150 000 of her own money, issuing herself 300 000 shares. An angel investor bought an additional 200 000 shares for $100 000. She now sells another 500 000 shares to a venture capitalist for $2 million. What is the post-money valuation of the company?
A) $2 000 000
B) $4 000 000
C) $6 000 000
D) $2 250 000
Correct Answer:
Verified
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