A new company launches with a $3m Series-A at an $8m pre-$ valuation, at the same time creating a 25% stock Pool. A year later the company raises a $15m Series-B at a $48m pre-$ valuation. Two years after that the company does its Series-C, $60m on $200m. a. Create the company's Cap Table through the Series C.
b. Suppose the company gave employees recruited between the A- and B-rounds 11.6% of the company, and employees recruited between the B- and C-rounds 7.1% of the company. How big is the Pool after the C-round?

Ann and jack have been partners for several years. their​ firm, a​ & j tax​ preparation, has been very​ successful, as the pair agree on most​ business-related questions. one​ disagreement, however, concerns the legal form of their business. for the past two​ years, ann has tried to convince jack to incorporate. she believes that there is no downside to incorporating and sees only benefits. jack strongly​ disagrees; he thinks that the business should remain a partnership forever. ​ first, take​ ann's side, and explain the positive side to incorporating the business. ​ next, take​ jack's side, and state the advantages to remaining a partnership. ​ lastly, what information would you want if you were asked to make the decision for ann and​ jack? which of the following statements are the advantages of a partnership compared to a​ corporation? ​(choose all that​ apply.) a. less expensive to organize. b. ownership is readily transferable. c. lower income taxes. d. owners have limited liability. e. long life of firm.