In 1999 you invested 2 million dollars in your own small business and gave yourself 0.7 million shares for your investment (there are no other shares outstanding). In 2001 you have a series B financing round where another investor invests 1.8 million dollars for 0.6 million shares. In 2004 you have a series C financing round where another investor invests 2 million dollars for 0.4 million shares.
A) Calculate the pre-money and post-money valuations for the series B (year 2001) and series C(year 2004) financing rounds.
B) What will be your ownership share in 2004 after the series C financing?