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Amir is the founder of a company and owner of 3 . 2 million of its shares. Two years ago, the company raised $ 1
Amir is the founder of a company and owner of million of its shares. Two years ago, the company raised $ million from outside investors through an issue of shares. The issue provides these outside shareholders with a full ratchet provision. Recently the company raised $ million from a venture capitalist for of the company's equity on a postmoney basis. What number of shares will the venture capitalist receive? Express your answer in millions to two decimal places ie million shares should be expressed as
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