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Business, 11.12.2019 07:31 Autumnjackson3186

You founded your own firm three years ago. you initially contributed $200,000 of your own money and in return you received 2 million shares of stock. since then, you have sold an additional 1 million shares of stock to angel investors. you are now considering raising capital from a venture capital firm. this venture capital firm would invest $5 million and would receive 2 million newly issued shares in return.
assuming that this is the venture capitalist's first investment in your firm, what percentage of the firm will you own?

a) 50%
b) 40%
c) 33%
d) 25%

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