hard · Private Equity & LBOs

In a Series A round, an investor provides 10M at a 30M pre-money valuation. The investor requires a post-financing option pool representing 15% of the fully-diluted capital.

What is the effective 'option pool adjusted' pre-money valuation used to determine the price per share?

  1. $24.0M
  2. $25.5M
  3. $30.0M
  4. $34.0M

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