Complete the following table based on these events - Calculate the ownership percentages and entrepreneur values during various funding stages.

- Three entrepreneurs, E1 (30%), E2 (20%), E3 (50%) invest $200,000 (100%) in a new venture. They agree to maintain the 30/20/30 percentage breakdown. That is among the three the relative percentage breakdown will remain the same.

- When the firm's product sales increase faster than expected family and friends invest another $300,000 based on the firm's revised $900,000 valuation.

- Success continues and the partners decide that they need to invest in a new warehouse in the United States which represents a new opportunity for the firm. The partners agree to provide an Angel investor with 15% of the firm based on a $1.5 million valuation.

- The next day the Angel investor convinces some VCs with deeper pockets to also participate in the venture for another 30% at the same $1.5 million valuation.

- With the firm doing so well the VCs realize that the firm should enter overseas markets before a competitor makes its move and invest another $3 million the following year when the firm's valuation has reached $7.5 million.

Event E1 E2 E3 FF Angel VC 1 VC 2 Total Valuation Entrepreneur's Value Founde I 100% $200,000 $200,000 r F+F T 1 1 Angel . VC1 1 1 I 1 VC 2 1 Payout