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) 11eaabab_c078_a2e8_b90e_d35166cd0e44_TB5536_11 Series D ownership = 0.5 million / 1.4 million = 36%

Jeremy Founded a Company