Question
Shine Light Inc. was found in 2018 and 18 million shares were issued to the founders. A year later, in 2019, they've had their first
Shine Light Inc. was found in 2018 and 18 million shares were issued to the founders. A year later, in 2019, they've had their first round of investment (Round A) and received the investment from a venture capital fund Blue Ocean Ventures. They invested $4,500,000 in the company in exchange for 6 million shares. In 2022 the same venture capital fund decided to invest again in the company. In Round B they invested $10,000,000 in exchange for 20% in the business. TOTAL ownership (after both rounds) of the venture capital fund Blue Ocean Ventures is
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