QUESTiON 14 Tho premarket valuation of UBER increased by over 500% poroent betwe
ID: 384273 • Letter: Q
Question
QUESTiON 14 Tho premarket valuation of UBER increased by over 500% poroent between the series A round of finaning rd to series B round of franrg. False QUESTION 15 Liquidation preferencos offer down side proection to inveators but also limit the upeide gain. True O False QUESTION 16 According to Ann Winbald an entrepreneur who is trtyang to raise capital should be able to summarize her vison with a few clear assumptions. O True False QUESTION 17 UBER's seed round of funding was for $200,000 in 2009. False QUESTION 18 According to Ann Winbald, to be a successful early stage venture capitalist you must be a great visionary. O True O FalseExplanation / Answer
Answer: False
Explanation:
Series B - Uber (Dec 7, 2011)
Number of Investors = 11
Money Raised = $37,000,000
Lead Investor = Menlo Ventures
---------------------------------------------------------------------------------------------------------------------------------
Series A - UBER (Feb 14, 2011)
Number of Investors = 6
Money Raised = $11,000,000
Lead Investor = Benchmark
---------------------------------------------------------------------------------------------------------------------------------
Increase in Pre-market valuation of UBER:
(37,000,000 - 11,000,000)/11,000,000 %
= 26,000,000/11,000,000 %
=236.36%
--------------------------------------------------------------------------------------------------------------------------------------
Note: only first questions is answered, as per Chegg policy. Ask rest questions separately.
Thanks. Hit like.
By- Eco-friendly.