Entrepreneurs emerge to fill business with new ideas in many sectors. Nowadays, digital and technology are prosperous market because it changes many aspects in life. In this area, you will find interesting technology, sophisticated device and gadget, and more things that are only imaginary in past time. With the support from venture capital, such business turns into the giant corporation that spreads to other countries. br br Understanding Venture Capital Role in Contemporary Business br br Before taking further step, you should have basic knowledge about venture capital. It is not new stuff because it has been around since ancient expedition across ocean. In past time, people sent proposal to kings in order to gain support and capital regarding his venture to find new wealth. Such exploration was common in ancient civilization and expanded after the ship technology was more advanced. As the result, Europe explorers find the vast lands from unexplored continents. They could not afford to finance their expedition because of high risk. As solution, they led people with much capital to provide financial support. After that, both shared items that found during this venture. This is the example of classic economy system that still exists today in different form. br br Well, venture capital is private firm that gives capital investment to business. Entrepreneurs have idea with potential to become huge profit, but do not have enough support. Bank or credit institution is good place to go in term of obtaining money. However, there is issue when submitting loan for bank. It is credential because you are a business person with excellent record. Moreover, there are regulations and rules that bind the bank when financing or giving credit to clients. br br On the other side, you need financial source with more flexibility, experience and support. Venture capital understands that there is a risk in every business, specifically the new one. Besides, existing business also seems to find issue when applied to get more financial support for expanding. Entering new territory and market is not simple and easy thing to do, even for the mature industry. The company requires assistance not just financial side, but business and management aspects. In addition, you may know about market and potential customer, but lack of information that tell the way you should behave. It is quite similar to open new business, but in different object.