You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 million shares of stock. Since then, you have sold an additional 1 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $5 million and would receive 2 million newly issued shares in return.

Suppose you sold the 1 million shares to the angel investor for $500,000. What was your percentage ownership in the company immediately following the angel investor's investment?

Select one:

A.100%B.33.3%C.50%D.66.7%