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Many returning soldiers were unwilling to take back their old jobs and started out on their own. Moreover the war had produced many technological innovations and ideas that could be put to civilian use. Facilities and machines used in the war production had become unnecessary and were often available at bargain prices. The post war economy expanded fast and offered many business opportunities.
It was in this environment that many new enterprises started and needed capital.
The first European venture capitalists appeared in the 60's following the U.S.A. example. In the 80's the venture capital industry in Europe had reached a level comparable to this industry in the United States during the 50's (Bygrave, and Timmons, 1992)...
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Common topics in this essay:
- venture capital
- ASPECTS OF FINANCIAL CONTRACTING IN VENTURE CAPITAL
- Business Venture Capital
- Capital structure and shareholder's wealth
- STARTUP/SEED STAGE INVESTMENT BY VENTURE CAPITAL
- Social Entrepreneurship and Venture Capital
- Venture Capital Financing of Access Line
- Venture Capital Financing
- Venture Capital In China
- Venture Capital
- Venture Capital
- Venture capital
- Why Venture Capital in Western Europe emerged later than in the United States.
- Venture Capital
- Wealth of the United States
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