The Matchmaker of the Modern Economy
In the wake of World War II, Georges Doriot helped found the world’s first public venture capital firm, American Research and Development. Doriot (1899—1987) was also a professor at Harvard Business School for 40 years. This book excerpt from Creative Capital: Georges Doriot and the Birth of Venture Capital (HBS Press) describes how ARD first came to “marry” investors and innovators.
Content: Article | Author: Spencer E. Ante | Source: Harvard Business School (HBS) Working Knowledge | Subjects: History, Venture Capital