The initial investment for Walt Disney’s media and entertainment company came from a network of “friends, family, and fools,” commonly referred to as FFF. In the 1930s, Walt Disney designed the Miki-dolls, a venture that preceded seeking funding from venture capitalists. The first investor was the uncle of the founders, Walt and Roy Oliver Disney, who provided $500 with an eight percent interest rate.

Walt Disney repaid the loan as soon as possible. The brothers secured additional funding from numerous friends and relatives, including Roy Oliver’s fiancée and later wife, Edna Francis.

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