Author - PBS
TL;DR - Georges Doriot founded the first venture capital firm in the 1940s.
Helpfulness - 2
Tags - notable investors, early vc
- Who was Georges Doriot?
- How did he shape the development of VC?
- 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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