About the History Issue
What does the past have to do with the forward rush of venture in the 21st century? A great deal, claim the authors of the introduction to this issue of Coller Venture Review. The history of venture is full of examples of both successes and failures: consider the meteoric rise of the small start-up Skype, and the obscurity of the small start-up Vocaltec which had the earlier claim to computer-based telephony. Why did Skype succeed? Why did Vocaltec not? What lessons can future investors and entrepreneurs learn from this difference?
However revealing specific cases may be, they are not enough in isolation: a wider context is required to generate the required insights, which often bridge multiple decades of history. This is where the History of Venture database at the heart of this issue comes in: it provides the context and will enable future research. Meanwhile, the articles that follow focus on specific aspects and case studies.
Appeared in CVR Issue 2 – History of Venture
Original Paper PDF:
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