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1、ARTHURROCKArthurRock,HBS1951,wasoneofAmerica’sfirstventurecapitalists.HeplayedakeyroleinlaunchingFairchildSemiconductor,Teledyne,Intel,Apple,andmanyotherhigh-techcompanies.Hewasavisionarywhosawveryearlyonthefutureofthecomputerindustryand,inmanyways,wasadrivingfor
2、ceintheemergenceofSiliconValleyasacenterofinnovationandentrepreneurship.FollowinganearlycareeronWallStreetininvestmentbanking,ArthurstartedhisfirstventurecapitalpartnershipwithTommyDavistenyearsaftergraduatingfromHBS.Between1961and1968,Davis&Rockinvested$3million
3、andreturned$100milliontotheirinvestors.ArthursharedhisexperiencesasaventurecapitalistandhisinsightsintosuccessfulentrepreneurshipduringavideointerviewathisSanFranciscoofficeinMarch2001.Interviewer:AmyBlitz,HBSDirectorofMediaDevelopmentforEntrepreneurialManagement
4、.TheEarlyYearsIwasbornandraisedinRochester,NewYork,andwenttopublicschoolsinRochester.Myfatheroperatedalittlecandystore,andIstartedworkinginthecandystorewhenIwasn’tinschool.Iwasasalesclerkandstockedtheshelves.Itwasaverysmalloperation.Iwasanonlychildsoitwasjustmyfa
5、ther,mymother,andsometimesmeworkingthere.Iguessthatstartedmeoffinabusinesscareer.IalsopeddledmagazinesfromdoortodoorwhenIwasquiteyoung.IwentintotheArmyimmediatelyaftergraduatingfromhighschool.WorldWarIIwasstillonbutitwasoverbythetimeIgotoutofbasictraining.Ispenta
6、yearintheArmyandwhenIgotoutIwenttoSyracuseUniversityontheGIBill.Idon’tthinkIwouldhavebeenabletogotocollegeifithadn’tbeenfortheGIBill.TheHBSExperienceIthinkthebiggestroleHBSplayedwasininterpersonalactivities.Igottomeetsomepeoplewhowereverybright.Ihadn’tmetthosekin
7、dofpeoplebefore,andIinteractedwiththem.ImetFayezSarofim,andwehadagreatbusinessrelationshipaswellaspersonalrelationshipformanyyears.ThatwasreallythebigcontributionHarvardmadetomylife—therelationshipsandteachingmehowtogetalongwithallkindsofpeople.Ididn’tknowallofth
8、esethingswerepossiblebeforeHBS.Ijustlivedinamuchsmallerworlduntilthattime.FindingtheOpportunity:FairchildSemiconductorIhadanaturalinclinationtowardsthingsfinan
