Creative Capital: Georges Doriot and the Birth of Venture Capital
Why read? It is a rare look at a man who overturned conventional wisdom by proving that there is big money to be made by investing in small and risky businesses.
The biography traces the pivotal events in Doriot's life, including his experience as a decorated brigadier general during World War II; as a maverick professor at Harvard Business School; and as the architect and founder of the first venture capital firm American Research and Development (ARD). He was the heart and soul of ARD, and is justifiably called “the father of venture capital”. It was George Doriot who said: "Raise money when you don't need them".