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b) An investor purchases 200,000 shares with a full ratchet for $2.00 / share. The founders have 400,000 shares. The venture is subsequently forced to

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b) An investor purchases 200,000 shares with a full ratchet for $2.00 / share. The founders have 400,000 shares. The venture is subsequently forced to raise new capital in a distressed setting at $1.50 / share. Now, suppose there is a full ratchet for the old investor. Find the resulting values of each party's ownership and the respective ownership %. b) An investor purchases 200,000 shares with a full ratchet for $2.00 / share. The founders have 400,000 shares. The venture is subsequently forced to raise new capital in a distressed setting at $1.50 / share. Now, suppose there is a full ratchet for the old investor. Find the resulting values of each party's ownership and the respective ownership %

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