Best Practices in Creating a VC Ecosystem
Author:
MIF/FOMIN
Overview
Venture capital as a distinct industry and asset class traces its beginnings only to the middle of the 20th century. This does not mean that risky ventures were not being funded by private investors before then—private investors backed Alexander Graham Bell’s commercialization of the telephone and the 13th century Venetians’ trading voyages to Asia. But venture capital is a relatively new phenomenon, as is the study of its impact upon the rest of the economy.