LegalZoom — Democratizing Law through Innovation and Perseverance
<p>One of the aspects I appreciate most about venture capital is that our industry marries revolutionary ideas with pragmatism. In 1999, two former lawyers, Brian Liu and Brian Lee wondered what would happen if fundamental legal resources were made available to everyone via the internet. They began with basic forms and documents and moved quickly toward regulatory compliance, company formation, wills, and estate planning. In 2000, the young company went out to raise its Series A financing when the Internet bubble uttered a resounding “pop”. Money was hard to come by and the founders returned from an endless number of VC pitches… with $3 million dollars to fund the business.</p>
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