Did you Know? The first venture capital firm, American Research and Development Corporation (ARDC) was founded in 1946 by Georges Doriot, the “father of venture capitalism”. Source – https://www.thriday.com.au/glossary/venture-capital-vc#:~:text=History%20of%20Venture%20Capital,-The%20concept%20of&text=The%20first%20venture%20capital%20firm,returning%20from%20World%20War%20II.