6) Booker Ventures I invested $3M in a startup AICo in a Series A investment. The investment is structured as 3M shares of convertible preferred. The founders and employees (together called the "founders") have claims on a total of 9M shares of common stock (as exercised). Suppose that AICo was sold to a competitor GigCo 2 years later at $20M. What is the exit payoff for the founders