Founder board member of the IT History Society and Silicon Valley venture capitalist, Arscott spent his entire professional career investing in private and public technology companies. In 1968, he joined the group which became Citicorp Venture Capital Limited ("CVC") in New York. He established CVC's West Coast Office in 1973, which served as the focus of CVC's investing activities in the western United States for over 15 years.
In 1978, he left to co-found Arscott, Norton & Associates ("ANA"), which formed three venture capital funds whose $75 million in capital funded 36 high-technology companies, including Iomega, Lam Research and Dallas Semiconductor. In 1988, David formed Compass Management Partners ("CMP"), which in turn organized Compass Technology Partners and Compass Technology Group. Arscott's formative premise for Compass was that information garnered in the venture capital investment process had direct applicability in the selection of high-potential publicly-traded investments.
