medium · Private Equity

In a growth equity transaction for a company with a $30 million pre-money valuation, an investor commits $10 million. The deal includes a requirement to expand the option pool by 15% of the post-money capitalization, which is to be carved out of the pre-money valuation.

What is the 'effective pre-money' valuation from the founders' perspective?

  1. $24.0 million
  2. $25.5 million
  3. $34.5 million
  4. $30.0 million

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