Assume that you are consulting the board of directors for a start$-$up firm. The firm is expecting small profits and possible losses in the next couple of years, but significant growth over the next $10$ years. They have asked your opinion on a dividend policy for the firm.

In your initial post, provide your opinion on a dividend policy along with reasoning using terminology and business factors discussed in this module.

When responding to your peers, select a consideration they may not have thought about pertaining to the dividend policy and explain how it might affect the policy.