Question
friends. Two private investors provided an additional $200,000 in 2017 . In addition, $1 million was obtained from a venture capital firm, Katile Capital Partners,
friends. Two private investors provided an additional
$200,000
in 2017 . In addition,
$1
million was obtained from a venture capital firm, Katile Capital Partners, in early 2019 in exchange for an equity position in Interact. The firm currently is seeking an additional $5 million to finance sales growth.\ A. Identify two important trends that are continuing in the hotel industry.\ B. Describe how Interact Systems' AIS software products will benefit the hotel industry from a profitability standpoint.\ C. Describe how Interact Systems' AIS software will help hotels improve customer satisfaction.\ D. Describe the life cycle stages that Interact Systems has progressed through to date.\ E. What types of venture financing have been obtained, or are being sought, by Interact?\ F. Relate major sources or players with the venture financing described in Part E.
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