What's a Share?
In 1553 Sir Hugh Willoughby set sail from England to Russia with the intention of opening the first trade route between the two countries. The idea behind his venture, the Muscovy Company or, to give it its full name (deep breath) The Mystery and Company of Merchant Adventurers for the Discovery of Regions, Dominions, Islands, and Places unknown, wasn’t unusual for the time. All across Europe explorers and merchants were sailing into the unknown in a quest for fame and, particularly, fortune.
The Muscovy Company, though, was unusual in another way. It was the first recognisably modern corporation.
In 1553 Sir Hugh Willoughby set sail from England to Russia with the intention of opening the first trade route between the two countries. The idea behind his venture, the Muscovy Company or, to give it its full name (deep breath) The Mystery and Company of Merchant Adventurers for the Discovery of Regions, Dominions, Islands, and Places unknown, wasn’t unusual for the time. All across Europe explorers and merchants were sailing into the unknown in a quest for fame and, particularly, fortune.
The Muscovy Company, though, was unusual in another way. It was the first recognisably modern corporation.
