|Total Shares issued & Outstanding on 12/31/2020||917,624|
|% New Money Ownership||8.7%|
|Value of Investment at 12/31/2020||$32,506,426|
|Multiplier (in 4 years)||16.3|
|Annualized Rate of Return (4 years)||100.8%|
|Return on Investment (4 Years)||1525.3%|
Putting the numbers together:
917,624 shares will have been issued by December 2020
The $2 Million investment will own 8.7% of the shares.
That is a value of $32.5 Million
This is a multiplier of 16.3 on the money in a 4 year timeframe
Or a 100% annualized rate of return
Or a 1,525% Rate of return.