The Van Diemen's Land Company were a textile industry, who sponsored and funded the extermination of the thylacine on their land.
“The Van Diemen's Land Company, a private sheep-raising corporation that supplied Britain's textile factories with wool” (Gmelch)
This quote provides context, describing the situation as it stood at the time of conflict.
“Settlers cleared large tracts of land for agriculture and sheep grazing. The first areas inhabited by settlers included the thylacine's preferred habitat” (Gmelch)
This is why the thylacine was caught in the sights of the company.
“Introduced a bounty system to rid it’s quarter million acres of feral dogs, Tasmanian devils, and "tigers." The latter were its primary target, however, with twice the bounty on their heads” (Gmelch)
The introduction of a bounty system by the Van Diemen’s land company is explored in this quote. The bounty system was used as a way to provide incentive to the public to exterminate the species.
"A full-time "tiger man" was employed to trap them on the company's far northwest property in Woolnorth” (Gmelch)
This demonstrates one method used by the Van Diemen’s Land Company to take care of the tiger issue.
“Many hundreds had been killed long before [the government bounty], in response to a sheep protecting private bounty” (Owen)
Another quote to support the idea that the Van Diemen’s Land Company began this trend, and set a president that the government then began to follow.
David Owen, Two photos of "Tiger Men" with their kills