Two years ago, Antoine founded his own company. He invested $50,000 and received 1 million shares in return. Last year, it carried out a capital increase (750,000 newly issued shares) subscribed by a business angel. Antoine is now considering raising even more capital from a venture capital fund. The latter is ready to invest $2 million in exchange for 2 million newly issued shares.

What percentage will the venture capital fund own in the business?