Family tree of Georges DORIOT
Inventor
Born Georges Frédéric DORIOT
One of the first American venture capitalists
Born on September 24, 1899 in Paris , France
Died on June 2, 1987 in Boston, Massachusetts , United States
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Doriot was born in Paris, France, to Camille and Auguste Doriot the pioneering motorist, racer, engineer, factory manager, dealer and car manufacturer (owner of D.F.P.). Doriot enlisted in the French army in 1920. He immigrated to America to earn an MBA and stayed on, becoming a professor at the Harvard Business School in 1926. He became a U.S. citizen in 1940 and the following year was commissioned a lieutenant colonel in the U.S. Army Quartermaster Corps. As Director of the Military Planning Division for the Quartermaster General, he worked on military research, development and planning, eventually being promoted to brigadier general.
In 1946 Doriot returned to Harvard and the same year he founded American Research and Development Corporation (ARDC), one of the first two venture capital firms along with Ralph Flanders and Karl Compton (former president of MIT), to encourage private sector investments in businesses run by soldiers who were returning from World War II. ARDC's significance was primarily that it was the first institutional private equity investment firm that accepted money from sources other than wealthy families although it had several notable investment successes as well.
... Doriot was born in Paris, France, to Camille and Auguste Doriot the pioneering motorist, racer, engineer, factory manager, dealer and car manufacturer (owner of D.F.P.). Doriot enlisted in the French army in 1920. He immigrated to America to earn an MBA and stayed on, becoming a professor at the Harvard Business School in 1926. He became a U.S. citizen in 1940 and the following year was commissioned a lieutenant colonel in the U.S. Army Quartermaster Corps. As Director of the Military Planning Division for the Quartermaster General, he worked on military research, development and planning, eventually being promoted to brigadier general.
In 1946 Doriot returned to Harvard and the same year he founded American Research and Development Corporation (ARDC), one of the first two venture capital firms along with Ralph Flanders and Karl Compton (former president of MIT), to encourage private sector investments in businesses run by soldiers who were returning from World War II. ARDC's significance was primarily that it was the first institutional private equity investment firm that accepted money from sources other than wealthy families although it had several notable investment successes as well.
In 1946 Doriot returned to Harvard and the same year he founded American Research and Development Corporation (ARDC), one of the first two venture capital firms along with Ralph Flanders and Karl Compton (former president of MIT), to encourage private sector investments in businesses run by soldiers who were returning from World War II. ARDC's significance was primarily that it was the first institutional private equity investment firm that accepted money from sources other than wealthy families although it had several notable investment successes as well.
... Doriot was born in Paris, France, to Camille and Auguste Doriot the pioneering motorist, racer, engineer, factory manager, dealer and car manufacturer (owner of D.F.P.). Doriot enlisted in the French army in 1920. He immigrated to America to earn an MBA and stayed on, becoming a professor at the Harvard Business School in 1926. He became a U.S. citizen in 1940 and the following year was commissioned a lieutenant colonel in the U.S. Army Quartermaster Corps. As Director of the Military Planning Division for the Quartermaster General, he worked on military research, development and planning, eventually being promoted to brigadier general.
In 1946 Doriot returned to Harvard and the same year he founded American Research and Development Corporation (ARDC), one of the first two venture capital firms along with Ralph Flanders and Karl Compton (former president of MIT), to encourage private sector investments in businesses run by soldiers who were returning from World War II. ARDC's significance was primarily that it was the first institutional private equity investment firm that accepted money from sources other than wealthy families although it had several notable investment successes as well.
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Geographical origins
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