Georges Doriot

Author - PBS

TL;DR - Georges Doriot founded the first venture capital firm in the 1940s.

Helpfulness - 2

Tags - notable investors, early vc

Questions addressed:

  • Who was Georges Doriot?
  • How did he shape the development of VC?

Summary:

  • French banker Georges Doriot moved to the US and taught at Harvard Business School before founding the American Research and Development Corporation (ARD).
  • ARD was the first publicly traded venture capital firm, and its success in investing led to the development of a more established VC industry.

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