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Maria and Chi own PeanuTech and have been developing a product that they want to take to market. To do this they need substantial investment
Maria and Chi own PeanuTech and have been developing a product that they want to take to market. To do this they need substantial investment that they are unable to raise from their own savings. They are thinking of approaching a venture capital firm and ask you for advice as they know you studied finance.
Explain the process of obtaining venture capital. What would that mean for their company? (max 400 words)
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