Development commenced as a private venture by the company. NEC established Taiwan Telecommunication Company as their first postwar overseas joint venture in 1958. Both companies committed over $500 million in funding to the venture. The company raised a total of $318 million in venture capital. A nascent entrepreneur is someone in the process of establishing a business venture. The city is also an important centre for equity, venture and risk finance. It was a successful although complicated venture that went into administration. Warburg Pincus has a history of venture capital investing. This was the first joint venture for both teams. The agreement called for a distribution joint venture in Canada. There are several strict guidelines regulating those that deal in venture capital. Unemployed, Walter began a new business venture. Net profit is a measure of the fundamental profitability of the venture. This began a new business venture for Samuel Wilson. Changan has the license due to the Changan Suzuki joint venture.