The Rise of Venture Capital in the Industrial Age

In 19 57, a r and d gave digital equipment 70 thousand dollars to start building computers. It was more than ten years before digit public that 70 thousand dollars share was ultimately worth more than 350 million dollars. A r and d had shown that one successful voyage could indeed cover the cost of multiple shipwrecks. In 19 79, intense lobbying from the venture capital industry led to amend of the regulations of the employment retirement security act,. This allowed feduciaries to meet their obligations while still putting a small portion of their assets into high risk investments.