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A fictitious VC firm, EBV is considering a series A investment in a start - up company named Newco. The terms specify that EBV invests

A fictitious VC firm, EBV is considering a series A investment in a start-up company named Newco. The terms specify that EBV invests $5 million into Newco for 5M shares, which currently has 10M shares allotted to employees and founders. There are five structures that define the wealth to VCs ($VC in vertical axis) against the exit value of portfolio firm ($W in horizontal axis). Choose the correct structure listed in the following that matches the diagram given in the question.
Identify the security structure of the following exit diagram. Match the exit diagram with the security name.
A
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