Label Startup, Inc is looking to raise expansion capital of $6.5 million from All-In Capital, LLC-a VC firm. In 3 years, All-in Capital Management wants to exit the investment. At that time, the firm's EBITDA is estimated to be approximately $4 million. All-In Capital, LLC typically requires a 50% return on its investments and targets exit EBITDA multiples of 22X. Label Z currently has 1 million shares outstanding. 1. What is the implied pre-money valuation? 2. What is the implied post-money valuation? 3. What is the fractional ownership of LabelZ given All-In Capital's exit value? BIVA-A-I EI 3 1 XX, E ? TT 12pt - Paragraph 1. pre-money 1 2. post-money- 3. fractional