A venture capital syndicate invests $$2m$ in a venture with a $$10m$ postmoney valuation in two deals, Company A and Company B$.$ In deal A they get a simple preferred share and in deal B they get a $1$x Participating preferred share. Complete the payout matrix below for net exit proceeds in both companies at $$8m$ and $$20m.$ Explain your calculations. Marks: $4$

$\backslash$table$[[,\backslash$table$[[$Company A:$],[$Simple Pref Shares$]],\backslash$table$[[$Company B:$],[1$x Participating Pref Shares$]]],[$Exit proceeds $$8m,,],[$Exit proceeds $$20m,,]]$