Inigma Inc., is a startup company formed 2 years ago. As part of a series A...
Inigma Inc., is a startup company formed 2 years ago. As part of a series A fundraising round, Timits LP a VC firm has issued a term sheet for the proposed deal. Pre-financing, Inigma has 12M common shares owned by the founders. In addition, the company has issued 2M common shares to its employees (an ISSUED employee stock pool). Timits term sheet includes an additional 1M UNISSUED common shares (an UNISSUED employee stock pool). This yields a total common share count pre-financing of 15M. Timits proposes a series A investment of $12M in 6M shares of convertible preferred stock. The series A can be converted to ordinary stock on a 1:1 basis. What is the pre-money valuation?
Homework Answers
Pre-money valuation is the valuation of the start-up company before any money is injected in, here pre-financing the total value of $15million is mentioned, which will be the pre-money valuation of the company.
Add Answer to:
Inigma Inc., is a startup company formed 2 years ago. As part of
a series A...
Enigma Inc., is a startup company formed 3 years ago. The current capital structure consists of...
Enigma Inc., is a startup company formed 3 years ago. The current capital structure consists of 15M common shares (ordinary shares) owned by the founder, employees and family members, and 12M convertible preferred stock owned by Timits LP a VC firm. In the event of an IPO or an acquisition of Enigma, Timits has the choice of converting each share of preferred stock into one share of common stock OR redeemeption for $2 per share, a total of $24M. What...
Three years ago, you founded your own company. You invested $108,000 of your own money and...
Three years ago, you founded your own company. You invested $108,000 of your own money and received 5.4 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Series B Series C Series D Price ($) 0.70 2.00 6.50 Number of Shares 1,050,000 650,000 650,000 Based on the information provided above (and that each share of all series of preferred stock is convertible into one share of common stock), what fractions...
Three years ago, you founded your own company. You invested $110,000 of your own money and...
Three years ago, you founded your own company. You invested $110,000 of your own money and received 5.5 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Series B Series C Series D Price ($) 0.70 3.00 3.00 Number of Shares 1,200,000 700,000 500,000 Based on the information provided above and that each share of all series of preferred stock is convertible into one share of common stock), what fractions...
Albuquerque, Inc., acquired 18,000 shares of Marmon Company several years ago for $800,000. At the acquisition...
Albuquerque, Inc., acquired 18,000 shares of Marmon Company several years ago for $800,000. At the acquisition date, Marmon reported a book value of $840,000, and Albuquerque assessed the fair value of the noncontrolling interest at $70,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 27,000 shares of Marmon Company several years ago for $900,000. At the acquisition...
Albuquerque, Inc., acquired 27,000 shares of Marmon Company several years ago for $900,000. At the acquisition date, Marmon reported a book value of $980,000, and Albuquerque assessed the fair value of the noncontrolling interest at $100,000. Any excess of acquisition date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $820,000. At the acquisition...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $820,000. At the acquisition date, Marmon reported a book value of $910,000, and Albuquerque assessed the fair value of the noncontrolling interest at $205,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $810,000. At the acquisition...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $810,000. At the acquisition date, Marmon reported a book value of $880,000, and Albuquerque assessed the fair value of the noncontrolling interest at $270,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $820,000. At the acquisition date, Mar...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $820,000. At the acquisition date, Marmon reported a book value of $910,000, and Albuquerque assessed the fair value of the noncontrolling interest at $205,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 36,000 shares of Marmon Company several years ago for $720,000. At the acquisition...
Albuquerque, Inc., acquired 36,000 shares of Marmon Company several years ago for $720,000. At the acquisition date, Marmon reported a book value of $750,000, and Albuquerque assessed the fair value of the noncontrolling interest at $80,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $700,000. At the acquisition...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $700,000. At the acquisition date, Marmon reported a book value of $810,000, and Albuquerque assessed the fair value of the noncontrolling interest at $175,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Three years ago, you founded your own company. You invested $108,000 of your own money and received 5.4 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Series B Series C Series D Price ($) 0.70 2.00 6.50 Number of Shares 1,050,000 650,000 650,000 Based on the information provided above (and that each share of all series of preferred stock is convertible into one share of common stock), what fractions...
Three years ago, you founded your own company. You invested $110,000 of your own money and received 5.5 million shares of Series A preferred stock. Your company has since been through three additional rounds of financing. Round Series B Series C Series D Price ($) 0.70 3.00 3.00 Number of Shares 1,200,000 700,000 500,000 Based on the information provided above and that each share of all series of preferred stock is convertible into one share of common stock), what fractions...
Albuquerque, Inc., acquired 27,000 shares of Marmon Company several years ago for $900,000. At the acquisition date, Marmon reported a book value of $980,000, and Albuquerque assessed the fair value of the noncontrolling interest at $100,000. Any excess of acquisition date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present...
Albuquerque, Inc., acquired 36,000 shares of Marmon Company several years ago for $720,000. At the acquisition date, Marmon reported a book value of $750,000, and Albuquerque assessed the fair value of the noncontrolling interest at $80,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Albuquerque, Inc., acquired 24,000 shares of Marmon Company several years ago for $700,000. At the acquisition date, Marmon reported a book value of $810,000, and Albuquerque assessed the fair value of the noncontrolling interest at $175,000. Any excess of acquisition-date fair value over book value was assigned to broadcast licenses with indefinite lives. Since the acquisition date and until this point, Marmon has issued no additional shares. No impairment has been recognized for the broadcast licenses. At the present time,...
Most questions answered within 3 hours.
-
•Describe the basic structure of collagen monomers •Explain how
amino acid composition of collagen contributes to...
asked 1 hour ago -
Compute the sample correlation coefficient
r for each of the following data sets.
(Use 3 decimal...
asked 1 hour ago -
5a. What are the advantages and disadvantages of Proxy ARP?
b. What is the TTL field...
asked 1 hour ago -
An ice cube (density = 900[kg/m3]) with a side length of
2.54[cm] is held by a...
asked 3 hours ago -
would you say that leaders in the international context are born
or made? That is, can...
asked 3 hours ago -
Instructions
Read the Digital Trends article "Solid state drives are speedier
than hard disk drives. Are...
asked 3 hours ago -
A multiple-choice test consists of 29 questions with possible
answers of a, b, c, d. Estimate...
asked 3 hours ago -
Question 1: Ethanol is the active ingredient of alcoholic
beverages. It is also s a possible...
asked 3 hours ago -
In the process of a simple distillation, the substances in the
still head tube are in...
asked 3 hours ago -
In a normal distribution with mean 3 and standard deviation of
7, what are the upper...
asked 4 hours ago -
A big block stone with mass M explodes and splits in two pieces
with mass 0.40M...
asked 4 hours ago -
Discuss the role of women in the late 19th century. In what ways
were the roles,...
asked 4 hours ago