You read in the wsj that a closely held company is lining, Financial Management

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You read in the wsj that a closely held company is lining

You read in the WSJ that a closely held company is lining up $26.5 million in venture capital. Although specific terms were not disclosed, the article stated that people familiar with the financing say the new investors are acquiring a 15% stake. What does this imply about post-money valuation of the company?

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Financial Management: You read in the wsj that a closely held company is lining

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Financial Management: You read in the wsj that a closely held company is lining

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