Boston Globe Covers Creative Capital and Doriot

Scott Kirsner wrote a great story about Doriot and my book Creative Capital in today’s Boston Globe. He covers the launch of the book and the key arguments I make in it; he chronicles Doriot’s influence; and he even mentions that American Research and Development still exists! Click here to read the whole 1162-word piece in his Innovation Economy column.

I’m totally pumped since this is the first major newspaper to write about the book–and because the Boston Globe is the perfect paper to break the story. When Doriot was in his heyday during the 40s/50s/60s operating out of the John Hancock Building, the Globe wrote about him quite often.

Kirsner’s piece is called “Venture capital’s grandfather: Georges Doriot helped lay groundwork for 128 tech cluster.”

Here’s the beginning of the story:

“Without him, Digital Equipment Corp. might never have gotten started, and the electronics-testing company Teradyne Inc. might not have survived beyond infancy.

He backed an oil rig-manufacturing company run by George H.W. Bush. The current Secretary of Energy, Samuel Bodman, once worked for his Boston firm. And a half-century ago, he put $50,000 into a company called Ionics Inc. that was trying to find new ways to desalinate seawater; GE bought the company in 2004 for $1.1 billion.

Georges Doriot is the forgotten grandfather of the modern venture capital industry. His Boston firm, American Research and Development, or ARD, helped lay the foundation for the Route 128 technology cluster.

“After World War II, all the textile mills had gone away, and war time production was going away,” says Spencer Ante, a Business Week editor who has written a new book on Doriot, “Creative Capital,” that is hitting stores this week. “Doriot and ARD were really trying to revive the New England economy after the war.”

HOW TO BUY CREATIVE CAPITAL: To pre-order Creative Capital and get a 34% discount, click here and go to Amazon

Tags: , , , , , , , ,

One Response to “Boston Globe Covers Creative Capital and Doriot”

  1. Martin Kamerman Says:

    Since you’re interested in creative capital I’d like to introduce I Buy Tech patents LLC as an option for seed and start up funding. Our creative approach uses Patents/IP to bring in funds without stock dilution and offers a free license back with 1x sale so the business can be developed and have an exit strategy. If you’d like to learn more you can see our web site and contact me at 914-526-4450.
    Thank you.
    Martin Kamerman
    Managing Partner

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: