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19. You founded your own firm three years ago. You initially contributed $200,000 of your own money and in retum you received 4 million shares

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19. You founded your own firm three years ago. You initially contributed $200,000 of your own money and in retum you received 4 million shares of stock. Since then, you have sold an additional 2 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $6 million and would receive 2 million newly issued shares in retum. Assuming that this is the venture capitalist's first investment in your firm, what percentage of the firm will the venture capitalist own? A) 36% B) 24% C) 17% D) 25%

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