Please do it according to the excel numbers I provided

1. Do you think DermaCare will be successful? Why or why not? Discuss the factors that can affect DermaCare's chances of becoming a successful business? Be as specific as possible. 2. How much capital does DermaCare need to raise in order to become a self-sustaining business? Explain the rationale by which you arrived at this number. Please provide a rough estimate of the company's needs based on the tables provided in the case study. 3. Which financing offer would you accept? a. Describe the aspects of each offer that are appealing to you and those that are not. How attractive are these offers to you? b. Please also discuss the costs and benefits of angel funding relative to venture capital funding. Fxhibit 4 DermaCare Proiected Financials as of Mid-Seotember 2005 (\$ million, \begin{tabular}{|l|l|} \hline Exhibit 5 DermaCare Company Milestones as of Mid-September 2005 \\ \hline Date & Milestones \\ \hline November 2004 & Company founded and incorporated with $20,000 \\ \hline April 2005 & Company raised $275,000 from founders and new CEO \\ \hline June 2005 & Demonstration trial begins \\ \hline September 2005 & TUV (electronic safety) review \\ \hline September 2005 & Requests for quotes from device manufacturers in Asia \\ \hline October 2005 & FDA filing expected \\ \hline December 2005 & FDA approval of company's 510(k) expected \\ \hline January 2006 & Expected date for commencement of marketing \\ \hline April 2006 & Expected breakeven month \\ \hline \end{tabular} \begin{tabular}{|lrr|} \hline \multicolumn{3}{|c|}{ Exhibit 7a Band of Angels Term Sheet } \\ \hline & \\ \hline No. of Shares & \% Outstanding \\ \hline Common Stock & 4,000,000 & 60.6% \\ \hline Options & 400,000 & 6.1% \\ Series A & 2.205 .883 & 33.3% \\ \hline & 6,605,883 & 100.0% \\ \hline \end{tabular}