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24 Two years ago, you founded your own company. You invested $400,000 of your money and received four million shares of Series A preferred stock.

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24 Two years ago, you founded your own company. You invested $400,000 of your money and received four million shares of Series A preferred stock. Since then, you have sold additional two million shares to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $4 million and would receive two million newly issued shares in return. Complete all of the questions below by filling in your answers. Note: Provide your answer with two decimal points, or in the format of xx.xx The post-money valuation of your firm is s millions Assuming that this is the venture capitalist's first investment in your firm, the percentage of the firm owned by the venture capitalist is %

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