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Your robotic automation startup, Kela Controls, has raised capital as follows: Funding Round Pre-Money Post-Money Series A $8 million $12 million Series B $25 million $40 million Series C $100 million $150 million Assuming no other securities were issued. If the firm is ultimately sold for $500 million, what multiple of money did Series B earn

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Based on the capital raised in issuing the capital, the multiple of money earned by Series B was 8.33.

How much of a multiple did Series B earn?

This can be found as:

= (Amount firm is sold for / (Post money series B - Pre money Series B)) x (Post money series B - Pre money Series B) / Pst money series B x (Pre money series C / Post money Series B) x 100

Solving gives:

= (500 / (40 - 25)) x ((40 - 25) / 40) x 100 / 150)

= 8.33

Find out more on Series B capital at https://brainly.com/question/25787830.

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