The Power Law

Autori

• Sebastian Mallaby

Parametri

• 256 pagine
• 9 ore di lettura

• Business & Management
• Saggistica
• Storia
• Tecnologia & Ingegneria
• Tema stórico

Maggiori informazioni sul libro

Innovations often arise from non-experts; for instance, Jeff Bezos and Elon Musk ventured beyond their initial industries. A legendary venture capitalist shared with Sebastian Mallaby that the future cannot be predicted but discovered, with many attempts failing and a few succeeding spectacularly. This extreme success-to-failure ratio, known as the power law, drives venture capital, Silicon Valley, and the broader tech sector. With unprecedented access to renowned venture capitalists, award-winning financial historian Sebastian Mallaby explores this unique group of financiers who have backed the world's most successful companies, including Google, SpaceX, and Alibaba. Through compelling storytelling and analysis, the narrative clarifies the randomness of success in venture capital, which often relies more on instinct and personality than on data. The book reveals the stark realities behind iconic successes and notable failures in tech history, from Apple’s chaotic beginnings to the hubris seen at WeWork and Uber, alongside the industry's significant lack of diversity. The influence of the power law extends globally, reshaping economies like China’s digital landscape and establishing London as a major venture capital hub. By immersing readers in the world of venture capitalists, the narrative encourages reflection on our own future through their lens.

Lingua: Inglese

Pubblicato: 2022

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