Math 1 Quiz
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A startup's valuation follows V(q)=2M⋅1.4qV(q) = 2M \cdot 1.4^q where qq represents funding quarters and V(q)V(q) is valuation in millions of dollars.
The company switches to monthly valuations and wants to maintain the same effective quarterly growth rate. If the new model is V(m)=2M⋅rmV(m) = 2M \cdot r^m where mm is months, what is rr, and how does the coefficient 2M change its meaning in the monthly model?
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