How do nested vpns through VM work?

Let's say I have 2 different VPN services (vpn1 and vpn2) both using OpenVPN and a Linux host running a guest VM.

Now let's suppose I connect from the Linux host to vpn1. Then I connect from the guest VM to vpn2 and I browse the Internet from there. The situation, I suppose, should look like this (but I'm not sure):

me-->vpn1-->vpn2-->server

My questions are:

1. Does vpn2 know my IP?


2. Can vpn1 see the web sites I am visiting?