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[–] 4 points 1 year ago (3 children)

Wasn't the Dutch East India Company the first stock company, as we currently understand publicly traded companies?

A TIL for me from this video, the Dutch acquired the island of Ran in the Banda (Spice) Islands from the British, by trading the British New Amsterdam.

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  • [–] 5 points 1 year ago (1 child)

    Wasn’t the Dutch East India Company the first stock company, as we currently understand publicly traded companies?

    It has some precursors, but it was the most 'complete' version of the joint-stock company and the template for numerous such companies going forward, even outside of the Netherlands.

    A TIL for me from this video, the Dutch acquired the island of Ran in the Banda (Spice) Islands from the British, by trading the British New Amsterdam.

    Luckily, New Amsterdam will never amount to anything! Dohohohoho!

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  • [–] 4 points 1 year ago

    There were a few earlier examples in England, but it was certainly one of the first. The English (later British) EIC was a tradeable a couple of years before its Dutch counterpart, and the Company of Merchant Adventurers to New Lands was several decades earlier

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