Felda Hardymon (MBA 1979), MBA Class of 1975 Professor of Management Practice, has received a Lifetime Achievement in Venture Capital Award from the National Venture Capital Association (NVCA). The award recognizes NVCA members who have "dedicated their professional lives to creating and building successful and highly competitive venture firms as well as portfolio companies that have made a significant contribution to economic growth and innovation in the United States." A member of the HBS faculty for more than a decade, since 1981 Hardymon has also been a general partner at Bessemer Venture Partners, where he has led the firm's investments in numerous startups in the software, communications, and retail sectors, including Staples and The Sports Authority. Before joining Bessemer, Hardymon worked at Business Development Services, Inc., the venture capital subsidiary of GE. Representing some 450 US venture capital firms, NVCA aims to foster greater understanding of the importance of venture capital in this country's economy while supporting entrepreneurial activity and innovation.

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