The American Research and Development Corporation is considered the first modern VC firm

In 2023, venture capital firms invested $170B in over 15,000 US companies

That's a significant drop from 2022’s $242B, reflecting market uncertainty but continuing VC’s role in scaling transformative ideas. Rooted in early risk-sharing models, venture capital took off with firms like ARDC in 1946, later evolving into today’s influential players like Sequoia Capital and Andreessen Horowitz.

From 19th-century whalers to startup accelerators, venture capital has a pretty exciting history

While the aforementioned whaling industry has a lot of similarities to today’s venture fund models, the first modern venture capital firm wasn’t founded until 1946.

The history of ARPANET and how it helped the US military during the Cold War

President Dwight D. Eisenhower established the Advanced Research Projects Agency in 1958, which recruited scientists to design the first large-scale computer network to support the American military during the Cold War. Academics would use the network to communicate via email among several US research universities.

Venture capital is a form of funding provided to early-stage companies with high growth potential, typically in exchange for an equity (or ownership) stake

When a radio company was the biggest tech stock around

The Radio Corporation of America was the biggest stock during the 1920s. Originally called Marconi Wireless, the company transformed radio technology. The company pioneered broadcasting, created NBC, and became a tech giant. After remarkable growth and challenges, RCA was acquired by General Electric in 1986, marking the end of its 67-year independent existence.

Where are the first batch of YC founders now?

Reddit was one of the companies in Y Combinator’s first batch. While OpenAI wasn’t among the companies started at YC, Sam Altman, who would later become the AI company’s CEO, had a different company called Loopt in the first batch.

Modern consulting traces its roots to 1886

Arthur D. Little Inc. was the first management consulting firm. Starting as a chemical analysis lab, the firm evolved to play pivotal roles in projects like developing the NASDAQ system and supporting Apollo 11.

The name 'Silicon Valley' arose from the founding of Shockley Semiconductor Laboratory in Fairchild Semiconductor in 1956-57, founded near Stanford University in Palo Alto

The world’s first publicly traded company was the United East India Co.

In an effort to best Spain and gain access to valuable trade in Asia, the Dutch Republic launched the VOC, or the United East India Co. The company held an initial public offering in 1602, allowing “subscribers” to choose how much they wanted to invest in the new venture. It was open to all residents of the republic, making this the first opportunity for retail investors in the world.

The origin of the National Science Foundation and why World War II led to its founding

Before World War II, research institutions were funded by endowments or private companies whose priorities stifled the curiosity-driven science that fueled significant breakthroughs and innovation. The NSF was established in 1950 to promote independent scientific progress through basic research, which is focused on knowledge acquisition rather than commercial applications, conducted at national colleges and universities.

A brief history of augmented reality (w/photos and videos)

Different sources trace the history of augmented reality back to the beginning of the 20th century,. The term augmented reality however was coined by Thomas P. Caudell in the '80s.

Meet Frederick Terman: Stanford University professor and the 'Father of Silicon Valley'

Stanford University professor Frederick Terman used to encourage his students to start their own tech companies. His advice led to the creation of Hewlett-Packard. He also established the Stanford Research Park, which helped develop many successful tech companies today. Terman is often called the "Father of Silicon Valley," because his ideology directly shaped the region's development.

Former US Senator Mitt Romney cofounded a revolutionary private equity firm

Mitt Romney cofounded Bain Capital—a private investment group that manages more than $215B—in the 1980s before becoming a politician. Bain Capital is credited with revolutionizing private equity by focusing on consolidating and streamlining business operations rather than relying on financial engineering to increase company profits.

A boom hit after WWI, with consumerism usurping frugality as an American value

When American soldiers returned home after WWI in the 1920s, they found a country ready to spend money, make a home, and indulge in creature comforts after wartime rationing. This uptick in US wealth and production led to job opportunities for advertising experts.

The ACLU was founded in 1920 in direct response to the suppression of speech during World War I

The mass arrest and prosecution of anti-war activists, socialists, and immigrants under the Espionage and Sedition Acts prompted a group of civil libertarians to form the American Civil Liberties Union to defend constitutional rights.

A Palantir executive was named a Lieutenant Colonel in the US Army Reserve

In 2025, four executives from large tech companies were given positions in the US Army Reserves, including Palantir Chief Technology Officer Shyam Sankar. The Army says their role in Detachment 201, also known as the Executive Innovation Corps, is to inspire other tech executives to consider how their work can support the US Army—without leaving their careers.

Cathie Wood is one of the most famous modern figures in ETF investing

Cathie Wood is the fund manager and stock picker behind Ark Invest and its flagship Ark Innovation ETF. Her strategy centers around disruptive technology, and she’s made bold bets on cryptocurrency and companies like Tesla, Robinhood, and Nvidia. Wood has a loyal following of retail investors who watch her daily trades religiously.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

The name Visa was conceived by the company's founder, Dee Hock.

Visa was previously called National BankAmericard Inc. (NBI), but as other banks began to license the network and it expanded internationally, it needed a name less associated with both Bank of America and America itself. Hock believed that the word "Visa" implied no national identification and was relatively easy to pronounce in any language.

The first American roller coaster was built at Coney Island

LaMarcus Thompson was an inventor and businessman who developed the first US amusement park ride in the 19th century and sparked a booming business. Customers spent a nickel to coast on wheeled benches over gentle hills, leaving Thompson with around $600 per day in profits.

The Ford Foundation helped expand America’s regional theater

In 1961, the philanthropic arm of Henry Ford’s massive empire seeded an initial grant of $9M to fund regional theaters around the United States. This was done to replicate the repertory theaters throughout Europe.

eCash paved the way for today’s popular crypto investments

Bitcoin is typically cited as the first decentralized cryptocurrency. But some argue that back in the 1990s, eCash was technically the first cryptocurrency, although it wasn't decentralized.

Microsoft's initial successes came from promising products that did not yet exist

In discussions with teams responsible for MITS's Altair 8800 and IBM's PC, Bill Gates and Paul Allen claimed to have created ready-to-use software. Code for the former was not completed until Paul Allen's flight to MITS' headquarters, where the software was successfully tested for the first time.

Meet Alphonse Desjardins, a credit union pioneer

The first credit union opened in Germany in 1864, but the bank alternative didn’t reach North America until 1901. That’s when Canadian journalist Alphonse Desjardins introduced the concept to his hometown with a starter 10-cent deposit. Desjardins helped launch the first US credit union just eight years later. This engaging timeline highlights Desjardins, his contributions to credit unions, and how the institutions have evolved over the last 100-plus years. Scroll through the timeline here.

Cyrus McCormick invented the mechanical reaper—and a territory-based sales force

In the 1830s, farmers were skeptical of new technology, so McCormick demonstrated the machine—described as a cross between a plow, a chariot, and a flying object—to prospective buyers. Long before modern sales norms existed, he divided the market into territories operated by agents who provided service on the machines, financing to expand the customer base, and product iteration based on feedback from regional agents.

Theodore Roosevelt is considered by many to be the "first modern president"

Roosevelt transformed the presidency by expanding executive power beyond conventional norms, arguing that the president could act in the national interest unless expressly forbidden to do so. His energetic leadership, media use, and policy activism expanded the office's role and prestige.

Their 1901 Wind Tunnel system revolutionized the study of aeronautics

Only the second to be built in the US, the wind tunnel allowed the brothers to study how air moves around more than 200 different wing shapes. This data helped them refine a key math equation, long held as the standard, that had been based only on one wing shape.

Washington DC's first public library, built in 1903, now operates as an Apple store

The Carnegie Library served as DC's central library until 1972, when overcrowding forced a move to the Martin Luther King Jr. Memorial Library. After sitting unused for five years, the building changed hands several times before Apple agreed to restore it and open a store there in 2016.

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Dozens of S&P 500 stocks, including Coca-Cola and Walmart—known as the dividend aristocrats—have increased dividends every year for 25 years

At the beginning of the 20th century, a group of young men ate standard American food—replete with food additives like borax and formaldehyde—as part of government research to better understand food safety.

The history of many kitchen appliances involves unexpected discoveries and applications, including wartime radar turned hamster defroster and replacing an 'ice king' with heat-stealing boxes.

A vending machine run with Anthropic's AI went out of business after it was convinced to give away items for free and sell a video game console.

See a ranking of the best (and worst) Federal Reserve Chairs since 1914 out of the 16 men and women who have held the office since.

Walt Disney's early film 'Alice's Wonderland' was a groundbreaking innovation in the silent film era

Mid-century modern graphic designers, known for their bright colors and bold lines in advertising, also found success with children's books.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

In 1915, workers recovered a submarine-like vessel from the Chicago River, prompting fears of German espionage

The concept of phantom limbs, the perception that amputated limbs are still present, dates back to a French military surgeon in the 16th century.

Before humans, the Soviet Union and the United States sent animals—including apes, dogs, and cats—to space during the Space Race.

Legendary architect Frank Lloyd Wright designed the SC Johnson headquarters in Wisconsin, aiming to make a cathedral-like workplace

How Amazon operates a 'flywheel' business model, a self-reinforcing cycle that drives continuous growth

A researcher recently discovered an interview from 1967 between groundbreaking journalist Joan Didion and the Grateful Dead, years before the band became an institution.

Explore an interactive map of battles from the American Revolution, along with detailed summaries of each engagement

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

The 2026 Ebola outbreak in the DRC is spurring new Ebola vaccine development for the Bundibugyo species.

Memecoins are a type of cryptocurrency—a form of digital currency with a wide variety of uses—created around popular 'memes,' or viral internet jokes.

The term 'algorithm' originated from the Latinized name of al-Khwārizmī, a 9th-century mathematician whose works introduced Arabic numerals and the decimal-based numeral system to Europe and whose treatise 'Al-Jabr' gave algebra its name.

Objects can be 3D printed with light by projecting 2D computerized tomography (CT) scans onto rotating cylinders of resin, which solidify upon exposure.