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Home » \(d = 40 + 80 = 120\) meters. - Deep Underground Poetry

\(d = 40 + 80 = 120\) meters. - Deep Underground Poetry

📅 May 4, 2026 👤 scraface

May 04, 2026

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📝 Recent Posts

#### 36000
A biotech startup has a valuation of $1.2 million. An investor buys eq...
Discounted price per share = 80% of next round’s valuation price
Next round: $5M pre-money → implied price = $5M / $5M = $1M per $1M ca...
Investor gets (Investment) / (Pre-money valuation) × (1 – discount)
= $400,000 / ($5,000,000 / $400,000) × (1 – 0.20)
Better: Fractional ownership = $400,000 / ($5,000,000 × 0.80) = $400,0...
Alternatively: investor gets $400K / $5M = 8% at full pricing → 8% × 0...
But correct method:
Pro-rata share without discount: $400K / $5M = 8%

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