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Jack, a recent graduate and professional engineer, has designed a small chip that could significantly improve cell phone reception, potentially allowing signals to be received from twice the usual distance. However, to prove his theory and produce the chip, he needs funding. Jack approaches a bank for a loan but is denied due to his low credit rating and lack of collateral. Undeterred, he seeks help from Jeie, a venture capitalist located in a downtown office building. Impressed by Jack’s innovative concept, Jeie agrees to invest $500,000, providing Jack with the necessary resources to proceed with his project.
