American venture capitalist who facilitated the founding of Fairchild Semiconductor (finding Sherman Fairchild as the backer for the Traitorous Eight) and later invested in Intel at its founding — making him arguably the most consequential venture capital investor in Silicon Valley history.
Invented the modern venture capital model — the specific structure of investing in exchange for equity in a company founded by technical people who needed money but not management help — and demonstrated it in the two most consequential semiconductor investments in history (Fairchild and Intel).
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