Venture capital has a very long story. The financing of Christopher Colombuss voyage of exploration by the Spanish monarchs Ferdinand and Isabelle may be seen as one of the most profitable venture capital investments, for the Spanish at least. Venture capital (VC) and Private equity (PE) funds has emerged as the dominant source of finance for entrepreneurial and early stage businesses. Academic literature reveals that venture capital funded companies show superior performance to non venture capital funded companies. Many of the successful businesses that we know today such as Cisco, eBay,...