Yesterday, Fred Wilson, co-founder of New York venture capital firm Union Square Ventures, began a new feature on his blog called Doriot quote of the day.
Why didn’t I think of this idea!?!?
It’s brilliant because Doriot had a Nietzschian knack for penning catchy and wise aphorisms. Fred also adds my book would “interest most VCs and probably many entrepreneurs too.”
Doriot Quote Of The Day
I’ve been reading Creative Capital, Spencer Ante’s biography of General Georges Doriot, the father of the modern venture capital business. It’s a book that would interest most VCs and probably many entrepreneurs too. The highlight of the book are Doriot’s colorful quotes. I posted one to my tumblog earlier and I just decided that I am going to post a Doriot quote everyday on this blog until I run out of them. Here’s the first:
A team made up of the younger generation, with courage and inventiveness, together with older men of wisdom and experience, should bring success.
— General Georges Doriot, in the American Research and Development 1949 Annual Report. ARD was the first institutional venture capital firm.