Georges Doriot - Biography - Later Years

Later Years

ARDC continued investing until 1971 with the retirement of Doriot. In 1972, Doriot merged ARDC with Textron after investing in over 150 companies. For his role in the founding of ARDC Doriot is often referred to as the "father of venture capitalism".

Doriot died of lung cancer in 1987 in Boston, Massachusetts.

Read more about this topic:  Georges Doriot, Biography

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