Multiple Choice
An entrepreneur first started his business with $100,000.Later,a venture capitalist (VC) agrees to invest $300,000 to sustain the growth.In return,this VC will take up a 50% equity position in the firm.How much is this business worth now?
A) $400,000
B) $600,000
C) $700,000
D) $800,000
Correct Answer:
Verified
Correct Answer:
Verified
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