Origin of Venture Capital - 1(风险投资创新与金融的结合,刘曼红)PPT

Origin of Venture Capital - 1 It did not exist as a profession before WWII American Research & Development, the first VC firm, 1946, General George Doroit of HBS. 1953, SBA, 1958, SBIC originally, SBIC could get up to $300,000 government money for each $150,000 PE. Half of the money in subordinated debentures, half in reduced int. loans. Other benefits… taxes, losses...

Origin of Venture Capital - 1(风险投资创新与金融的结合,刘曼红)PPT

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