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

Question

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

Quizplus · Accepted Answer

B) 11ea84dc_f51c_10aa_9a63_67f5a2b75e50_TB1316_00_TB1316_00 Series D ownership = 0.5 million / 1.4 million = 36%

Jeremy Founded a Company