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Business, 10.06.2020 22:57 toxsicity

A company raises a series A investment of 26 M at 2.00 per share with a three times participating preferred liquidation preference and the investor now owns 20% of the company. Also the investor is allowed to appoint three board members and has the right to lead another round by investing 5$ mil more at the same rate any time in a subsequent round. What is the pre-money valuation for series A?

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