Economics of Whaling Symposium

The whaling industry as the first venture capital business model in the United States

Friday, August 11
10 am – 5 pm


Members: (both NBWM & RJD) $25
Non-members: $30

Call: 508-997-0046 ext. 100
Online: Symposium Tickets


Whale ship owners and agents showed tremendous business acumen by creating an incentive-based pay structure that motivated captains and their crews to optimism profits. Simultaneously, the distribution of risk through syndication allowed for enormous profits despite predictable loses at sea. The Whaling Economics Symposium will convene professors, historians and businessmen to discuss the success of this 19th century American global enterprise and the application of this unique business to modern finance.


Co-sponsored by The Rotch-Jones-Duff House & Garden Museum and The New Bedford Whaling Museum

New bedford Whaling Museum logo

Rotch-Jones-Duff House & Garden Museum logo