You recently partnered with one of your colleagues to create a bio-cement company to help curb the plastic waste menace in the country using biologically active algae and plastic wastes. Your company BioCem Company Limited is duly registered with the Registrar General Department. Your company share structure and capitalization table are 1,000,000 shares of Common Stock outstanding, issued at a par value of $0.001 per share. As per agreement with your co-founder, you now own 48% of the shares, while your co-founder has 37% of the shares. The remaining 15% is part of the employee option pool. During the seed financing round, you raise $5 million to get their company off the ground. Opaque Ventures agrees to a $2.5 million SAFE with a 20% discount provision, and BlackBox Capital will invest $2.5 million in a SAFE that has a $10 million valuation cap on the company's pre-money valuation. After 18 months of operations, you and the company raised Series A funding of $7 million. Independent financial analyst now values your company at $15 million. Cormorant Ventures will lead the Series Around by investing $4 million, Provident Capital participates with its investment of $2 million, and BlackBox Capital rounds out the round with $1 million. a. What is the capitalization table and value of the company at Start-Up? b. What is the main reasoning behind the employee option pool? c. What is a SAFE agreement? What are its advantages over Convertible Notes? d. Explain the concept of Customer Acquisition Cost (CAC), Customer Lifetime Value (CLV),