Why was the virginia company founded? a. the queen wanted all the money from the new world. b. it was expensive to launch a colony in the new world. c. spanish money funded the colonial settlement in england. d. virginia colonists needed to form their own government and company.

The correct answer here is the option B.

Establishing colonies was an expensive endeavor as the example of Sir Walter Raleigh, who in 1580s tried to established a British colony in the New World. The colony failed and it was a costly failure which made the Crown weary of trying again. That is why the companies like the Virginia Company were founded.