Word: arthur
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Dates: during 1980-1989
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...pioneering and profitable California electronics companies, Fairchild Semiconductor and Intel. Noyce, 55, also plays a less publicized role as a venture capitalist. With his success has come enormous wealth. His 1.5 million shares in Intel, where he now serves as vice chairman, are worth $60 million. Along with Arthur Rock, his friend of 30 years, Noyce in 1977 helped bankroll Diasonics, the medical-instrument manufacturer. Noyce's 8% stake in Diasonics is worth $30 million. He helped finance Monoclonal Antibodies, which sells pregnancy-testing kits and hopes to market a product that will predict the timing of ovulation. Noyce...
When the San Francisco Giants play in windy Candlestick Park, a man with owlish spectacles, tight lips, an aquiline nose and a stern gaze usually sits in a front-row seat, 70 ft. from home plate. Arthur Rock, 57, has been a Giants fan for 25 years, watching batters try to sort curve balls from sliders and change-ups from screwballs. Since the late 1950s. Rock has been carefully scrutinizing pitches of another kind-start-up bids by young technology companies-and when he goes for one of these, he rarely misses. Says San Francisco Venture Capitalist Thomas Perkins: "Arthur...
Rock shuns publicity and is so secretive that he amounts to a sort of mysterious force in the financial world. Doing business simply under the name of Arthur Rock & Co., he works out of a modest office in San Francisco's financial district with only a secretary for a staff. Rock's closest friend is Egyptian-born Financier Fayez Sarofim, who is based in Houston...
...mind swiftly, acts decisively, moves quietly and seems to have an impeccable sense for where technology and markets will meet. Says California Financier Max Palevsky, who made a fortune as a founder of Scientific Data Systems, a mainframe computer maker that Xerox acquired in 1969 for $950 million: "Arthur has an incredible intuition. His nose never ceases to amaze...
...Last year, when Diasonics announced that it would lose $5 million to $7 million in the third quarter. Rock spent hours huddled with senior managers, helping them pinpoint weaknesses and reorganize the company. Says Joseph Rizzi, founder of ELXSi International, a Rock-financed computer company in Sunnyvale, Calif: "Arthur has the uncanny ability to say one or two things that can get you pointed in the right direction." Concurs Paul Levy, 28, president of Rational Machines, a 33-month-old computer company launched under Rock's wing: "I wouldn't think of hiring a senior executive without having...