Search results
Jun 1, 2021 · The Deal Maker: How William C. Durant Made General Motors. in Book Summary. on June 1, 2021. Book outline: Axel Madsen, in this 320-page 2001 book, shines the light on one of the most successful, colorful, and irrepressible entrepreneurs. Innovators’ fight with the moneymen have always had mixed results and the bankers are often vilified.
Businessman, philanthropist. Pierre Samuel du Pont ( / duːˈpɒnt /; January 15, 1870 – April 4, 1954) was an American entrepreneur, businessman, philanthropist and member of the prominent du Pont family . He was president of DuPont from 1915 to 1919, and was on its board of directors until 1940. He also managed General Motors from 1915 to ...
The Deal Maker: How William C. Durant Made General Motors Axel Madsen. John Wiley & Sons, $30 (320pp) ISBN 978-0-471-28327-0 ... Durant was able to win control of GM from the bankers in an ...
Durant paid $13.5 million (the equivalent of almost $300 million in 2016) for Hyatt and named Alfred Sloan president of United. Two years later Durant merged United Motors into General Motors and made Sloan a vice‐president and member of the GM Executive Committee. A stockholders’ revolt in 1920 forced Durant out.
Durant's deal-making artistry even tempted Henry Ford, and had Durant upped his acquisition price Ford would be a division of GM today.Durant's story illuminates the conflict between innovation and control of innovation -of the uneasy alliances struck again and again between inventors and their sources of capital.
May 2, 2022 · Brian Corey. On this day in 1918 General Motors (GM) purchased the Chevrolet Motor Company. In a bit of irony, William C. Durant, founder of Chevrolet, had also founded GM several years earlier, but was kicked to the curb when profits began to fall. Stockholders of GM blamed the issue on Durant and forced him out of the company in 1910.
Mar 1, 1998 · Burton W. Folsom. “Like father, like son,” runs the old adage. In the case of Billy Durant, the founder of General Motors, he was like his father and also his grandfather—even though the two men were polar opposites. The Durant story shows how family and entrepreneurship blended to start the largest car company in the world.
