Would you consider the Republic of Venice and Florence Precursors to the later European colonial empires?

The Republican of Venice had been a major trading power in the Mediterranean since the high Middle Ages.
They had ports in key places in the Mediterranean like Crete and Cyprus.
This was copied first by the Portuguese empire when they were building outpost forts in Africa, the Middle East and India.

In the public of Florence there was more sophisticated financial calculations like double entry bookkeeping and investment that was copied by the Dutch later.

I think these Italian Renaissance city states were sort of early examples of governance and imperialism that would be copied on a grander scale later.
Would you consider the Republic of Venice and Florence Precursors to the later European colonial empires?
Post Opinion