Venture Capital's Historic Home Run

Spencer E. Ante, BusinessWeek

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From a $70,000 investment, the Digital Equipment Corporation evolved into a multi-million dollar entity, entitling its investors to the fruits of a 70,000 percent ROI. This, says author and BusinessWeek editor Spencer Ante, was the first home run in the field of venture capital, and the first inkling that this sector could earn its own secure financial standing.

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