How would the division of ownership be splitted between the following three parties, i.e. 1) the entrepreneur owned all the shares to begin with, 2) angel investor then came and invested a total of $40 million to the company in the form of a convertible bond, which was to be converted into shares at the financing of an venture capitalist, on the same terms as the venture capitalist would enter into, and 3) the venture capitalist then came in ready to invest $90 millions to the company and demanded to acquire for it 30% of the company?