And the success of this 19th century venture capital deal did what venture capital tries to do today, 150 years later--it "disintermediated" the incumbent industry. That is a fancy way of saying that Oil Creek Valley put the whale oil industry out of business. Oil Creek Valley did somethin
And the success of this 19th century venture capital deal did what venture capital tries to do today, 150 years later--it "disintermediated" the incumbent industry. That is a fancy way of saying that Oil Creek Valley put the whale oil industry out of business. Oil Creek Valley did somethin
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The Pennsylvania Start-up That Changed The World
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