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A startup company with four employees has invented a new and improved core flux regulator and seeks to raise equity capital to build a plant.

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A startup company with four employees has invented a new and improved core flux regulator and seeks to raise equity capital to build a plant. The plant will take three years to build and will cost $6.0 million. The company currently rents 800 sq.ft. of office space in a strip maly. They have applied for patents, but those patents have not yet been granted. The core-flux regulator is their only product and they have no sales to- date. The construction company has said that the company must put 80% of the construction costs in trust before they will start construction and the funds must remain there to be used for partial payments on the construction as the plan is built. Which of the following is the most plausible/practical/likely/commonot-rare avenues of financing the plant ? Get a loan from a local bank. Do an IPO Get VC or Angels to invest Raise money from "Friends and Family" Raise money via Title Ill of the JOBS Act. None of the above

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