[Short] Ep 3. Parallels between Venture Colonialism and Venture Capitalism ft. Phil Stern

Phil delves into the concept of venture colonialism, as detailed in the book 'Empire Incorporated'. It draws a parallel between historical venture capitalists, known as 'adventure capitalists', who invested in exploratory voyages from the 16th and 17th centuries, and the modern venture capital industry. This connection highlights a continuum of investment risks and returns, blending commercial, religious, political, and even philosophical motivations behind such ventures. Venture colonialism, as the discussion suggests, bridges the historical and contemporary, urging a reevaluation of assumptions about colonial enterprises and modern venture capitalism.Chapters:00:00 Introduction to Venture Colonialism01:19 Historical Context of Venture Colonialism01:54 Understanding the Concept of 'Adventure' in Colonial Times02:11 Risk and Return in Colonial Ventures02:43 The Role of Companies in Colonial Ventures03:15 Contrasting Venture Colonialism and Venture Capitalism04:03 Motivations Behind Colonial Ventures04:34 Re-evaluating Our Assumptions About Colonial Ventures---In this episode of The Great Tech Game podcast, host Anirudh Suri is joined by Phil Stern, professor of history at Duke University, to dive into the history of colonial corporations such as East India Company and what that might teach us about how the current tug of war between nation-states and big tech firms such as Apple and Google might play out.Stern and Suri together delve into the history of joint stock corporations and trading empires of corporations such as East India Company and others. They explore how these joint stock corporations of the 17th and 18th centuries were critical in the rise of colonial empires, but eventually ran afoul of their patrons and political masters. They discuss how the attempt of the British Crown, for example, to regulate the activities of the East India Company played out, and what lessons that holds for today's attempt by countries like the US, India and Europe to regulate Big Tech firms.About Phil Stern: https://scholars.duke.edu/person/philip.stern/Follow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin: https://www.linkedin.com/in/anirudhsuri/Instagram: https://www.instagram.com/anirudh_suriFacebook: https://www.facebook.com/AnirudhSuri.inWebsite: [www.anirudhsuri.com](http://www.anirudhsuri.com/)Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/)Book Links:Anirudh Suri:The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38My#VentureColonialism #EmpireIncorporated #AdventureCapitalists #HistoricalVentures #ModernVentureCapital #InvestmentRisks #CommercialEnterprises #PoliticalMotivations #PhilosophicalInvestments #ColonialHistory #ReevaluatingAssumptions #FinancialReturns #ExploratoryVoyages #MerchantAdventurers #RiskAndReturn