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Exit Interview: Lita Nelsen on MIT Tech Transfer, Startups & Culture

Xconomy

What, I think, is the first technology-based, early-stage venture capital fund anywhere, American Research and Development , was founded between Georges Doriot at Harvard Business School and Karl Compton, who was president of MIT at the time. It basically helped invent the ultra-filtration field. Then it got acquired by Millipore.

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Spotlight: LA Tech Judges and SuperDemo Bill Gross of Idealab!

Tech Zulu Event

In college at the California Institute of Technology, he patented a new loudspeaker design and formed GNP Loudspeakers, Inc. After graduating from college, Bill and his brother Larry started GNP Development, Inc., In 1985, Lotus Development Corporation acquired GNP and Bill became a software entrepreneur at Lotus Development.

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