Arthur Rock
Arthur Rock (born August 19, 1926) is an American businessman and investor. Based in Silicon Valley, California, he was an early investor in major firms including Intel, Apple, Scientific Data Systems and Teledyne. Rock was born and raised in Rochester, New York, in a Jewish family. He was an only child and his father owned a small candy store where Rock worked in his youth. He joined the U.S. Army during World War II but the war ended before he was deployed. He then went to college on the G.I. Bill. He graduated with a Bachelor's degree in business administration from Syracuse University in 1948 and earned an MBA from Harvard Business School in 1951. Rock started his career in 1951 as a securities analyst in New York City, and then joined the corporate finance department of Hayden, Stone & Company in New York, where he focused on raising money for small high-technology companies. In 1957, when the "traitorous eight" left Shockley Semiconductor Laboratory, Rock was the one who helped them find a place to go: he convinced Sherman Fairchild to start Fairchild Semiconductor. In 1961, he moved to California. Along with Thomas J. Davis Jr., he formed the San Francisco venture capital firm Davis & Rock. In 1968, Robert Noyce, Gordon Moore, and another Fairchild employee named Andy Grove, were ready to start a new company, Intel. Noyce contacted his good friend Rock, with whom he used to hike and camp. Rock described how Intel started."Bob (Noyce) just called me on the phone. We'd been friends for a long time.... Documents? There was practically nothing. Noyce's reputation was good enough. We put out a page-and-a-half little circular, but I'd raised the money even before people saw it."Intel was incorporated in Mountain View, California, on July 18, 1968 by Gordon E. Moore (known for "Moore's law"), a chemist, Robert Noyce, a physicist and co-inventor of the integrated circuit and Arthur Rock. There were originally 500,000 shares outstanding of which Dr. Noyce bought 245,000 shares, Dr. Moore 245,000 shares, and Mr.
