True or False

1. According to the guest lecture by Robert Rough, the Total Available Market (TAM) would be equal to your revenue if you were able to capture 100% of the market.

2. When projecting financial statements for a business, if total assets exceed the total liabilities and equity total in your projection, the company has a cash surplus for that year.

3. Staged financing is financing provided in sequences of rounds rather than all at one time.

4. When using the VC method to estimate ownership and new shares needed, the addition of an option pool to a financing round can be estimated by treating the option pool as a separate financing round.