Hey there, I need help with the question two of a group assignment:

(https://www.coursehero.com/file/p2bmfdl/g-What-share-of-the-company-should-she-insist-on-if-the-option-pool-is/)

Question 2: Multi-Stage Financing

Samantha and John agree to the simple convertible preferred security. Upon further

reflection, they also agree that the company will need another round of financing in

addition to the current $5 million.

Samantha believes that NewVenture will need an additional $3 million in equity in

January 2018. While she will require a 50% IRR, Samantha feels that round-two

investors will require an IRR of only 30%.

Assume that the management option pool (created after Samantha's Series A

investment but before the $3M Series B investment) should have the ability to own a

15% share of the company by the end of year 5.

a. Based on this new information, what share of the company should Samantha

seek in January 2016? What is the implied pre- and post-money valuation and

share price?

b. What share of the company will the Round 2 investors seek? At what pre- and

post-money valuation will they invest and what will be the share price at the

second round funding?

c. Make capitalization table to depict the pre-money and post-money valuation,

the number of shares and the share price: (i) Before Samantha Jones' investment

(ii) after Samantha Jones' investment but before the creation of the option pool

(iii) after the Round 2 investment.