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American Research and Development
COMPANY
Venture capital firm focused on high technology. Founded 1946 by Georges Doriot with an initial investment fund of $3.5M. In 1957, ARD made the initial investment $75K in Digital Equipment Corporation; after its IPO a decade later, the investment was worth some $80M (in 1971 dollars). Merged with Textron in 1972. Alumni from the firm founded Greylock Partners and Fidelity Ventures.
Industry: Private Equity
Ticker: (private)
EXECUTIVES
| Name | Occupation | Birth | Death | Known for |
| Karl T. Compton |
Physicist |
15-Sep-1887 |
22-Jun-1954 |
Bikini Island atomic tests |
| Georges Doriot |
Business |
24-Sep-1899 |
2-Jun-1987 |
Father of Venture Capitalism |
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