medium · Private Credit & Debt portfolio-management-monitoring-workouts
In a growth equity round, an investor invests 3M at a 9M pre-money valuation. The preferred shares have a 2.0× non-participating liquidation preference.
If the company is sold for 10M, how much does the investor receive?
- 2.5M
- 3M
- 8.5M
- 6M
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