Assume the founders of a startup want to raise $1 million in 2021 Q2 (Quarter 2, now) in a Series A VC funding round and they plan to raise another $5 million in 2023 Q2 (i.e. in 2 years) in a Series B VC funding round. The founders believe that they can exit in 2027 Q2 (i.e. in 6 years from now) by selling the venture to an established firm. They estimate that they can sell the venture for $ 60 million (exit value). Assume further that (i) startup will not raise any more external funding between 2021 Q2 and 2023 Q2, (ii) it will also not raise additional external funding between 2023 Q2 and its plan exit in 2027 Q2, and (iii) the external funders (VCs) required rate of return is 40%. Based on these plans and assumptions, calculate the pre-money and the post-money value of the startup in 2021 Q2 (i.e. now).