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Set multiple alarms for the morning of the test. I always oversleep, but I'm pretty sure it's because I keep eating mine.

The Facebook Deal: Equity Lowdown Drill

  • 1.

    If Facebook turns out to be a terrible idea and liquidates, and the assets are worth $210,000, what do the cofounders get? Assume that the ownership is the same as stated in this section.

  • Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

    We'll give you the first and last question on this exam. So you know we actually did the whole thing.

    $65.65

  • 2.

    The situation is the same as in Question 1, except that Peter's convertible stock isn't "participating." The company fetches $600,000 in liquidation. How much do each of the cofounders get?


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