Asked by Andres Soler on Jul 09, 2024

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How far back can we track the history of venture capital?

A) to the dot com investments of the early 90s
B) to venture capital startups in the 1980s
C) to the 1958 Small Business Investment Act
D) to early 20th-century investors such as the Rockefellers and the Bessemers

Venture Capital

Financing provided by investors to startup companies and small businesses with perceived long-term growth potential.

Early 20th-century

A historical period from the year 1901 to 1940, marked by significant changes in technology, society, and world politics.

Rockefellers

A notable family in American history, known for their significant contributions to the oil industry and philanthropy.

  • Grasp the historical development of venture capital and its impact on the startup ecosystem.
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HF
Hamna FaisalJul 12, 2024
Final Answer :
D
Explanation :
The history of venture capital can be traced back to early 20th-century investors like the Rockefellers and the Bessemers, who were among the first to invest in a manner similar to what we consider venture capital today.