You and your co-founders have spent a year building and testing a home wireless system that is easy to install and will integrate media streaming from phones, television, and the Internet. (This is not your actual venture)
You have tested the product on family and friends and built a prototype. You now need money to build a pilot creating 100 systems and placing them in a display at five selected stores. Identify the best source(s) of capital that you and your co-founders should seek (you will need $100,000).
Describe which option of financing you will seek and why?
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