Christopher Columbus: Entrepreneur - A Brief History of Venture Capital

Our friend Chris Miller,of Meritus Ventures, recently spoke on the History of Venture Capital.  Chris has a blog, www.rockytopmba.com, and he frequently shares thoughts on the status of venture capital, entrepreneurial education and his list of favorite movies for 2010.  Jonathan Patrick, author of 898Enterprises invited Chris to guest blog with his notes on the recent speech.

I doubt if Christopher Columbus was the first entrepreneur but the story begins there with Mr. Columbus' journey of raising capital for his venture to the New World.  Like many ventures, he ended up in a different place than the original destination.  Instead of finding a new trade route to the Indies, he discovered a different world with different treasures.  Talk about "Getting to Plan B"....

The story finishes with a summary of Goerges Doriot and his principles of venture capital which laid the foundation for the modern venture capital model.

Here is the link: http://898enterprises.wordpress.com/2010/06/14/guest-blog-by-chris-miller-of-meritus-ventures-a-must-read/