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Write a 2000-word individual report outlining a funding strategy for your venture sufficient to ensure an 18-month runway.
As a minimum you should:
Use a cash-flow forecast to estimate your funding requirements
Suggest suitable sources of funding (including bootstrapping tactics)
Justify why these are appropriate (for example, a decision to opt for a convertible note rather than an equity pre-seed investment)
Indicate the use of funds
Suggest suitable terms (for example, a pre-money valuation, basic term sheet conditions)
Articulate the precautions you would take during the fundraising process.
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