On page 7 of the case. Kumaran indicates he will need to raise at least $50 million in total capital to turn PunchTab into a billion dollar company. Assume that 2 million shares are issued at the founding (60% to Kumaran and 40% to Ait Oufkir) and another 500,000 shares reserved for an employee option pool. a. Assume the following: Series A financing of $5M (includes any previous convertible debt at no discount) at a $10M pre-money valuation. 500,000 shares are added to the stock option pool at the Series A and included in the pre-money share s. Subsequently, a Series B financing of $45M at a $75M pre-money valuation is raised with another 500,000 shares added to the stock option pool and included in the pre-money shares. After the Series B financing, what is the share price, the percentage Kumaran holds, and his carried interest (the value of his stock holdings based on the Series B price)? Make sure to show your work. (8 points) On page 7 of the case. Kumaran indicates he will need to raise at least $50 million in total capital to turn PunchTab into a billion dollar company. Assume that 2 million shares are issued at the founding (60% to Kumaran and 40% to Ait Oufkir) and another 500,000 shares reserved for an employee option pool. a. Assume the following: Series A financing of $5M (includes any previous convertible debt at no discount) at a $10M pre-money valuation. 500,000 shares are added to the stock option pool at the Series A and included in the pre-money share s. Subsequently, a Series B financing of $45M at a $75M pre-money valuation is raised with another 500,000 shares added to the stock option pool and included in the pre-money shares. After the Series B financing, what is the share price, the percentage Kumaran holds, and his carried interest (the value of his stock holdings based on the Series B price)? Make sure to show your work. (8 points)