The London Company was the company that founded Jamestown. Like the British West India company, it was designated to colonize a certain region (in this case America rather than India). The London Company appointed three ships to sail to America and establish a colony. The Susan Constant, the Godspeed, and the Discovery were chosen for the journey to America.
The settlers sailed to North America near cheesecake bay, and they sail up a river they name The James River. The decide on a site for the new settlement to occupy. They begin building the settlement. The settlement was completed enough to house the settlers. The settlement was constructed well enough that parts of it remain, preserved to this day.
Most of the population of the new colony was made up of fortune seekers, looking for a new fortune in the New World. Most of these men spent time looking for treasure and “seeking their fortune” instead of helping the colony survive. The direct consequence of this was the death of two thirds of the population of the settlement. However, enough of the population survived to let the settlement continue existing.
People from Poland and Germany began arriving to join the settlement. With them came Captain John Smith, who was a much better governor than the previous one. He said whoever didn’t work would not get food to eat. This really motivated the colonists to work to help the colony prosper. John Smith had to leave because of a wound he suffered. The next period of time was a very hard time for the colonists. There was hardly any food to go around and keep the colony alive. After this period when supplies had been delivered, the colony made its first profit on tobacco.
Not long after the first cash crop of tobacco, Jamestown became a self-sustaining city, and the foundation for the larger colony of Virginia.