Company A raises 300k of seed funding from a VC firm in exchange for a 20% stake. The agreed share price for the round is 1 and the VC firm has an exist horizon of 10 years.

At the ended of year 3, Company A needs to raise an additional 4m of funding. The new VC investor in round 2 expects to make a return of 30%. If the exit horizon is still 10 years, what is the share price for round 2 if the VC investor from the first round is to achieve an annual return of 30% at exit.

Make the capitalisation tables, showing the 1) pre-and post-money valuations, 2) the shares and 3) stakes owned by the founders and the two VC firms.