Premise: Jon Moulton (born 15 October 1950) is a British venture capitalist. He is the founder and managing partner of the private equity firm Better Capital, and is the former managing partner of the private equity firm Alchemy Partners. Moulton is best known for leading Alchemy Partners' bid to buy MG Rover from BMW in 2000, which ultimately lost out to a rival offer from the Phoenix Consortium.
Hypothesis: Better Capital was established on October 16, 1990.