Author - PBS

Source - https://www.pbs.org/wgbh/theymadeamerica/whomade/doriot_hi.html

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.

Follow up links:

• History of ARD, https://repository.upenn.edu/cgi/viewcontent.cgi?article=1085&context=mgmt_papers