Biography of Georges Doriot, the visionary who helped invent venture capital. It follows his path from banker to Harvard Business School professor, U.S. Army brigadier general during WWII, and founder of American Research and Development Corporation (ARDC)—one of the first, and then the only publicly traded, venture capital firms. Doriot pioneered the model of connecting inventors with both capital and guidance, battled the SEC over stock options and valuations, helped spawn VC firms like Greylock Partners, and ultimately sold ARDC.