Benno C. Schmidt Sr.

Nci-vol-8237-300 benno c schmidt sr

Benno C. Schmidt Sr. (January 10, 1913 – October 21, 1999) was an influential American lawyer and venture capitalist. He is best known for his role in the development of the National Cancer Institute and his contributions to the field of venture capital.

Early Life and Education

Benno Charles Schmidt Sr. was born in Abilene, Texas. He attended The University of Texas at Austin, where he earned his undergraduate degree. He later attended Columbia Law School, graduating with a law degree.

Career

Schmidt began his career as a lawyer in New York City. He quickly gained a reputation for his legal acumen and was involved in several high-profile cases. His legal career laid the foundation for his later work in venture capital.

National Cancer Institute

One of Schmidt's most notable contributions was his involvement in the establishment of the National Cancer Institute (NCI). He played a crucial role in securing funding and support for the NCI, which has since become a leading institution in cancer research and treatment.

Venture Capital

In addition to his legal work, Schmidt was a pioneer in the field of venture capital. He co-founded J.H. Whitney & Company, one of the first venture capital firms in the United States. Under his leadership, the firm invested in numerous successful companies, helping to shape the modern venture capital landscape.

Personal Life

Schmidt was married to Helen Schmidt, and they had three children, including Benno C. Schmidt Jr., who became a prominent academic and president of Yale University.

Legacy

Benno C. Schmidt Sr.'s contributions to law, medicine, and venture capital have left a lasting impact. His work with the National Cancer Institute has helped advance cancer research, and his pioneering efforts in venture capital have influenced the growth of numerous successful companies.

See Also

• National Cancer Institute
• Venture capital
• J.H. Whitney & Company
• Benno C. Schmidt Jr.