Doug Richard is an England-based Californian entrepreneur and specialist in technology transfer, commercialisation, and business incubation.
He came to prominence as a result of the BBC programme Dragons' Den, where he appeared as a 'dragon', or investor in the first two series. Although he made two investments during the first series, he did not make any investments in the second, and thereafter stepped down to advise the investment of funds on behalf of Tudor Investments, a US-based hedge fund that began investing in early stage high technology startups. He remains the only Dragon not to invest throughout a series.
He founded and sold two companies: Visual Software and ITAL Computers. He is also non executive director of Brightpearl. Between 1996 and 2000 Doug was President and CEO of Micrografx, a US publicly quoted software company.
In 2001 he moved to Cambridge, UK and co-founded the investment society, The Cambridge Angels, along with his friend Robert Sansom, the founder of FORE Systems.
In May 2006, he received an honorary Queen's Award for Enterprise Promotion - the only honorary awardee that year - for his work promoting, developing and helping entrepreneurs. as director and co-founder, Library House in Cambridge.