The history of individuals and firms investing in high-risk and high-reward ventures is centuries old—it's hard to imagine the history of shipping, whaling, and colonialism without it. However, the U.S.'s first modern venture capital firms started in the mid-20th century. Georges Doriot, a Frenchman who moved to the U.S. to get a business degree, became an instructor at Harvard's business school and worked at an investment bank. In 1946, he became president of the American Research and Development Corporation (ARDC), the first publicly funded venture capital firm. Learn more Additional information https://financial-equity.com/credit-and-debt/the-impact-of-a-housing-market-crash-on-your-mortgage/ Venture Capital and Private Equity Investment Theses. Venture capitalists expect business plans to include detailed market size analysis. Market sizing should be presented from the "top down" and from the "bottom up." That means providing third-party estimates found in market research reports, but also feedback from potential customers, showing their willingness to buy and pay for the business's product. In the complex landscape of venture capital, the strength and quality of investment opportunities stem from a diverse array of sources. Successful firms capitalize on a multi-faceted approach to deal sourcing, ensuring a steady flow of promising prospects. “Venture capital tends to be a particularly risky area of the market, and given this risk, returns for a successful investment can often be quite high,†says James Royal, principal writer, investing, at Bankrate. “However, because of that risk, even savvy VC firms must put their eggs in many different baskets in order to find attractive overall returns on their portfolio.†Shontell: OK, so then how did you meet Jared Leto?