Father of Venture Capital: Georges Doriot's Legacy
How one man invented modern venture capital 🚀
Georges Doriot came from France in the 1920s, became a legendary Harvard professor, and after WWII turned unused wartime tech into opportunity. In 1946, he founded American Research and Development, the first VC firm. His bold $70K bet on Digital Equipment Corporation became worth tens of millions — and earned him the title Father of Venture Capital.
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