David found a company and goes through the investment rounds shown below: He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the IPO, the net income for the next year is estimated to be $8 million. His banker informs him that the price of shares should be sot using average price-earnings ratios for similar businesses, which is 14 . What share of the company will David own after the IPO? 15% 13% 10% 19%