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5. Suppose that it is one year after Andreessen Horowitz's investment in Alpha Fintech (using the convertible preferred structure used in the previous problem), and

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5. Suppose that it is one year after Andreessen Horowitz's investment in Alpha Fintech (using the convertible preferred structure used in the previous problem), and Greycroft makes a Series B investment for 6M shares of Alpha Fintech at $.2 per share. Following the Series B investment, what percentage of Alpha Fintech (fully diluted) would be controlled by Andreessen Horowitz under the following scenarios: a. Series A has no anti-dilution protection. b. Series A has full-ratchet anti-dilution protection. c. Series A has broad-based weighted average anti-dilution protection. d. Series A has narrow-based weighted average anti-dilution protection

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