What was the first joint-stock company to launch a venture to the New World?

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Mariela Perkins

1 May, 21:59

What was the first joint-stock company to launch a venture to the New World?

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Enrique · Answer 1

He risk was small, and the returns were fairly quick. Granted a charter by King James I in 1606, the Virginia Company was a joint-stock company created to establish settlements in the New World. This is a seal of the Virginia Company, which established the first English settlement in Jamestown, Virginia, in 1607.