Georges Doriot was one of the first American venture capitalists. In 1946, he founded American Research and Development Corporation, the first publicly owned venture capital firm. Venture capital is a general term to describe financing for startup and early stage businesses as well as businesses in turn around situations. ...

Born in France in 1899, he came to America to earn an MBA and stayed on, joining the United States Army during World War II as lieutenant colonel working on research and development and military planning. Master of Business Administration (MBA) is a tertiary degree in business management. ... US Army Seal HHC, US Army Distinctive Unit Insignia The Army is the branch of the United States armed forces that has primary responsibility for land-based military operations. ... Combatants Allied Powers Axis Powers Commanders {{{commander1}}} {{{commander2}}} Strength {{{strength1}}} {{{strength2}}} Casualties 17 million military deaths 7 million military deaths {{{notes}}} World War II, also known as the Second World War, was a mid-20th century conflict that engulfed much of the globe and is accepted as the largest and...

In 1972, he merged AR&D with Textron after investmenting in over 150 companies. Along the way, the Digital Equipment Corporation of Maynard, Massachusetts may have been AR&D's most successful investment and until his death, Doriot remained friends with Ken Olsen, Digital's founder. Doriot died of lung cancer in 1987. Digital Equipment Corporation was a pioneering company in the American computer industry. ... Maynard is a town located in Middlesex County, Massachusetts. ... Official language(s) English Capital Boston Largest city Boston Area  - Total  - Width  - Length  - % water  - Latitude  - Longitude Ranked 44th 10,555 mi²; 27,360 km² 183 mi; 295 km 113 mi; 182 km 13. ... Ken Olsen calling UNIX snake oil Kenneth H. Olsen (born on February 20, 1926) is an American engineer who cofounded Digital Equipment Corporation in 1957 with colleague Harlan Anderson. ...

Quotes

• "Be friendly but not chummy with your lawyers."
• "Someone, somewhere, is making a product that will make your product obsolete."