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Remember multiples to get to 100%. In the 7% example I know that if it was 8% it would be roughly 12x (1.2m) and if it was 6% it would be roughly 16x (1.6m) so you can ballpark it to 1.4 pretty quick
Thank you!! Very helpful
Dividing fractions, as easy as pie,
Flip the second fraction, then multiply.
And don't forget to simplify,
Before it's time to say goodbye
https://www.mathsisfun.com/fractions_division.html
For example, if the company is asking $100k for 10% the mental math to get the total valuation is pretty easy, but is there a way to quickly do the same math if the valuation is not as clean, like 25% or 7% equity ask for $100k? I can write out the entire algebraic expression, but curious if there’s an easier way to get the answer
I think you’re thinking about it wrong IBM