Questiоn 4, Pаrt II – Cоnvertible Nоtes Pleаse continue your аnalysis of the Ebb & Tide transaction by answering the following questions: What are the implied pre-money and post-money valuations? Early-stage investments are especially vulnerable to information asymmetries and moral hazard problems, including founder shirking. What mechanisms does a skilled angel investor use to mitigate these risks? How do these mechanisms differ from those typically employed by a professional venture capitalist? Are you ready to finish the exam?