1. How do your values as calculated in item 4 differ from the value that you calculated using the FCF method in item 1? Explain your responses.
2. What are the main challenges and difficulties in finding a value using the FCF method of valuation for a startup that has little historical data? What do you do to value a startup using the FCF method of valuation? Explain in needed details. (As far as grading is concerned this question is very important as well so given it some thoughts.)