Pete has met with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros. The professional investors focus exclusively on funding technology companies in the legal field and are demanding substantial control over Techlaw Pros through sitting on the board of directors. Pete is seeking money from

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19-04-2022
Business

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Pete has met with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros. The professional investors focus exclusively on funding technology companies in the legal field and are demanding substantial control over Techlaw Pros through sitting on the board of directors. Pete is seeking money from

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ayokenny2001 ayokenny2001 · Answer 1 · 2022-04-26T12:24:21+02:00

Pete is seeking money from a venture capital firm by meeting with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros.

What is venture capital firm?

Venture capital firm is a private equity investor that gives the capital to those companies who have high growth and in return for an equity stake in the company.

It give preference to the startup companies or the small companies that wants to diversify their business.

Hence, Pete is seeking money from a venture capital firm by meeting with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros.

Learn more about venture capital firm here: https://brainly.com/question/18776651