Favorite Investments
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Aryan Naik's personal website and blog
Favorite Investments General Electric In 1889, Drexel, Morgan & Co.—a company founded by J. P. Morgan and Anthony J. Drexel—financed Edison's research and helped merge several of Edison's separate companies under one corporation, forming Edison General Electric Company, which was incorporated in New York on April 24, 1889. ARDC investment in DEC The firm's 1957 investment of $70,000 in Digital Equipment Corporation (DEC) became the defining success of early venture capital. DEC developed the minicomputer and grew to become Massachusetts' largest employer and the United States'…
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