You founded your firm with a contribution of $449365, receiving 2000000 shares of stock. Since then, you sold 340000 stocks to Angel Investors. Now you are considering raising more capital from a Venture Capitalist. They will invest $4000000 and would receive 3000000 newly issued shares.
a. What is the post-money valuation?
b. If this is the VC's first investment in the company, what is the value of your shares?
(Please show all steps)