An investor offers you $817,151 in exchange for shares of your start-up company. The investor demands an annual rate of return of 67%, and expect that your IPO will be in 5 years. At that time you expect your firm to have annual income of around $1,837,981 dollars. A similar firm was recently acquired for $18,987,227 dollars. At the time of acquisition, their income was $1,844,203 million dollars per year.

What percentage of your equity should you give to the investor?