VC is seeking financing from venture capitalists. The founder of VC expects to sell the company for $30 million in five years. VC decides to first raise $2 million and then raise the remaining $1.5 million after two years. The founder also decides that, whatever valuation he would get, he wants to own 2 million shares. Assume that the WACC for comparable business is 20%. The survival probability is 65% for each year during the first two years and 85% for each year during the remaining three years

What are prices per share to sell for the first and second round investors?