A venture capital firm called DeepPockets wishes to invest $2 million in a start-up with a $4 million current pre-money valuation. Prior to this transaction, the company had raised $1 million from another venture fund and from a group of angel investors. The percentage of DeepPockets ownership of the company after the current transaction is completed will be: a) 20% b) 25% c) 40% d) 50% e) None of the above