A venture has been formed with 3,000,000 shares held by the founders. New investors add $1,000,000 for new shares. The venture will exit (horizon time) in 5 years. Investors require an annual return of 50%. The venture will have an income of $1,000,000 per year at exit. A similar venture sold shares to public for $20,000,000 and has earned an income of $2,000,000 in last year. Compute the following: a. Acquired \% of ownership b. Shares to be issued c. Issue share price d. Pre- and post-money valuation e. Founders' and new investors' % between financing and exit. Now assume that there will be a second round of investment of $1,000,000 after 2 years. Repeat all questions in problem #2 and calculate them for investors from both rounds