Question 1: Below is the tear-sheet and Venture Source information for an acquisition out of South Florida in 2000. Qtera was bought for $3 billion a mere 14 months after the initial round of venture capital. If you assume that the venture capital investors in Round 1 & 2 bought standard preferred shares (you can figure the price based on the investment and the post-money valuation), how much money did the founders take home? Assume 10% simple interest on any debt.
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