Question

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

Answer 1

The history of venture capital can be traced to early 20th-century investors like the Rockefellers and Bessemers, though the 1958 Small Business Investment Act is a key institutional milestone.

Step-by-step explanation:

c. To the 1958 Small Business Investment Act

The history of venture capital can be traced back beyond the commonly thought timeframe of the dot-com investments of the early '90s, or even the venture capital startups of the 1980s. Venture capital has roots going as far back as the early 20th century, with early investors such as the Rockefellers and the Bessemers. Nevertheless, an important institutional milestone in the history of venture capital was the 1958 Small Business Investment Act, which facilitated the flow of capital to small businesses and laid the groundwork for modern venture capitalism.