The first European joint-stock corporations were for single voyages. Everyone would band together and fund a ship to go somewhere, then split the earnings and d

The first European joint-stock corporations were for single voyages. Everyone would band together and fund a ship to go somewhere, then split the earnings and dissolve the corporation: https://en.wikipedia.org/wiki/Joint-stock_company#Early_joint-stock_companies https://en.wikipedia.org/wiki/Joint-stock_company#Early_join...