When startups reach some demand traction the founders can put all the resources and make the company grow to serve demand. According to the case, historical growth for Honest Tea has been above 75% in 2000 and above 300% in 1999. The projections suggest very aggressive growth. If Honest Tea grows at very high rates (you can consider two different scenarios, at 30% and 90%) what would be Honest Tea funding needs? Hint: To answer this question you will have to perform a Free Cash Flow analysis (build your free cash flow). In doing so, use the following assumptions: Marginal Tax Rate 35% EBITDA Margin = 8.4% (Industry average) For all the other assumptions you may need, consider the median of the previous years