Creative Capital

"Doriot achieved success by staying true to his patient investment philosophy. He believed in building companies for the long haul, not flipping them for a quick profit. Returns were the by-product of hard labor, not a goal. Doriot often worked with a company for a decade or more before realizing any return. That is why he often referred to his companies as his “children.”"

The origins of venture capital. Many a modern day VC should read this book, if only to remind themselves what they are supposed to be doing.

Add MDX content below the frontmatter in src/content/books/creative-capital-spencer-e-ante.mdx to publish long-form notes for this book.