You've launched a business that is forecasted to need $12million in venture capital staged in three rounds of $4million at years 0, 1, and 2. The venture will have a terminal value of $250million in five years. The expected rates of return in rounds 1, 2, and 3 are 60%, 40%, and 20%, respectively. B: Assume the founder started with 8,000 shares. How many new shares are issued in each of the three rounds? Also, state the share price for each of these three rounds. You've launched a business that is forecasted to need $12million in venture capital staged in three rounds of $4million at years 0, 1, and 2. The venture will have a terminal value of $250million in five years. The expected rates of return in rounds 1, 2, and 3 are 60%, 40%, and 20%, respectively. B: Assume the founder started with 8,000 shares. How many new shares are issued in each of the three rounds? Also, state the share price for each of these three rounds

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