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. A: What percent ownership is sold in each of the three rounds, and what is the founder's remaining ownership percentage? 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. A: What percent ownership is sold in each of the three rounds, and what is the founder's remaining ownership percentage