What is an Adventure Capitalist?
While the exact meaning of adventure capitalist has changed over the years, the current designation is still close enough to its roots to maintain some degree of continuity. Essentially, an adventure capitalist is an individual who provides a steady stream of capital to a business or other entrepreneur in exchange for some sort of interest or recompense in regard to the project that the lender wishes to undertake. This remuneration can come in several forms. Here are some examples of how an adventure capitalist works. Originally, the term had to do with wealthy sponsors who would bankroll the costs associated with an expedition assembled to explore a region of the world, or to hunt for a particular object. These sorts of activities often required the participants to raise capital in some manner. Those who chose to sponsor and financially support the efforts were referred to as adventure capitalists, since they were willing to cover the expenses generated by an expedition or adventure.
